Hachette ebook sales declined in the past three months of 2022
Hachette is one of the largest publishers in the world and they have just announced their first-quarter earnings. Sales increased by 8.7% and they generated $591 million USD in the first three months of 2022. Digital book sales accounted for 8.1% of total publishing in 2022, compared to 9% in the first quarter of 2021. Sales of downloadable audiobooks continued to improve and represented 4.8% of revenue compared to 4.6% in the same year-ago period.
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