Good afternoon James Preston with you on Kalkine TV for another edition of Expert Talks - Executive Corner. This expert talk will shine a light on independent author Jesse Hyland - Jesse has recently released his debut novel called Abandoned and before we welcome Jesse it’s important to take a look at the growing publishing industry across the country.
The Australian book industry continues to hold its share of consumer attention and spending, with ongoing development of consumer ebooks and modest growth in the audio book segment, driven by a strong market push by brands including Amazon-owned Audible.com.
The Australian consumer book market was worth $1.979 billion dollars in 2019 and is expected to be worth $2 point 06 billion dollars in 2024, representing a compound annual growth rate of 0.84 percent based on conservative estimates - with some expert forecasts suggesting the growth could even reach upwards of $2.6 billion dollars by 2024.
Last year Nielsen BookScan reported data suggesting book sales in Australia surged in the week prior to Australia’s first lockdown in April, increasing by 35% in volume and 10% in value compared to the same period in 2019 and Australia's leading independent publisher Allen and Unwin commented that sales were up significantly throughout 2020 compared to 2019.
In short the appetite for quality literature is ever growing and the publishing sector looks set to boom - and everyone from investors to budding writers are benefiting from it; which leads me at long last to introduce this Expert Talks special guest - 26 year old western sydney author Jesse Hyland, Jesse welcome to the show and congratulations on your debut novel