Sunday, June 17, 2012

eBook Revenues Top Hardcover (updated)

eBook Revenues Top Hardcover, article.
According to the March Association of American Publishers (AAP) net sales revenue report (collecting data from 1,189 publishers), adult eBook sales were $282.3 million while adult hardcover sales counted $229.6 million during the first quarter of 2012. 

Ebooks now sell about 45% of what paper books sell in the US!! Didn't they tell us it was 5% only two years ago? Holy mama.

I think it's now time to say that ebooks are no longer a niche market which it is safe for publishers to ignore.
What drives Stephen King to decide to publish his next book only on paper, I can't say. It's not an economical decision, that's for sure. (Or if it is, he's deluded.)

It's quite amazing. I think it's still only around 20% of the US population who have ereaders. Clearly these guys read a lot more than average.

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