Thursday, October 14, 2010

The E-Books Have It!

Thinking of publishing your book in e-format? Publisher's Weekly reported today that while sales in the print trade segments shrank in August, e-book sales had another strong month, jumping 172.4%, to $39 million, according to the 14 publishers that report sales to the AAP’s monthly sales estimates.

For the year-to-date, e-book sales were up 192.9%, to $263 million. AAP said that of the approximately 19 publishers that report trade sales, revenue in the January to August period was $2.91 billion, making the $263 million e-book sales 9.0% of trade sales.

Compare that to the end of 2009, when e-book sales comprised 3.3% of trade sales. Wow! The face of publishing continues to morph!


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