According to the Association of American Publishers monthly StatShot report, children’s and young adult digital book revenues exploded nearly 300 percent in May compared to the same period last year.

Here’s more from the release: “The overall industry (including all sectors: Trade, School, Higher Ed and Professional/Scholarly) grew 7.3 percent year-to-date 2012 vs. YTD 2011 … Reflecting seasonal consumer buying trends, Paperbacks ranked as the #1 single format in May in the Adult Fiction/Non-Fiction category.”
For the year-to-date, total trade revenues increased 15.3 percent. The data was collected from 1,188 different publishers.