The Association of American Publishers shared revenue figures in its StatShot report. Revenue growth is up 4.9% for Q1 2017 compared with Q1 2016.
Both education and scholarly publishers experienced slight revenue bumps during the first quarter of 2017, compared with the first quarter of 2016.
Higher Education course materials wins the greatest growth award, reporting $92 million (24.3%) increase to $470.2 million in Q1 2017 compared with the Q1 2016. Revenues for Professional Publishing (business, medical, law, scientific and technical books) were up by $5 million (4.5%) to $119.5 million.