American publishers are now bringing in more revenue from e-books than hardcover books, according to a report published by the Association of American Publishers (AAP).
Audio-books also keep accelerating vs last year – as some experts have said, tied to ongoing popularity and acquisition of smartphones and mobile devices.
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The figures, which were posted on GalleyCat on Friday, show that net sales revenue from e-books exceeded that of hardcover books in the first quarter of the year: a first. The data was compiled from 1,189 publishers and did not include children’s books.
Collectively, adult e-books brought in $282.3 million in Q1. That’s an impressive 28.4% increase from the same period a year ago. Young adult and children’s e-books performed even better, catapulting 233% to $64.3 million. Sales of adult hardcover books grew too, but more modestly, up 2.7% to $229.6 million in Q1 2012.
What’s driving the growth? Read the whole story at Mashable
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More Revenue From e-Books
American publishers are now bringing in more revenue from e-books than hardcover books, according to a report published by the Association of American Publishers (AAP).
Audio-books also keep accelerating vs last year – as some experts have said, tied to ongoing popularity and acquisition of smartphones and mobile devices.
.
The figures, which were posted on GalleyCat on Friday, show that net sales revenue from e-books exceeded that of hardcover books in the first quarter of the year: a first. The data was compiled from 1,189 publishers and did not include children’s books.
Collectively, adult e-books brought in $282.3 million in Q1. That’s an impressive 28.4% increase from the same period a year ago. Young adult and children’s e-books performed even better, catapulting 233% to $64.3 million. Sales of adult hardcover books grew too, but more modestly, up 2.7% to $229.6 million in Q1 2012.
What’s driving the growth? Read the whole story at Mashable
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Posted by ebooksinternational on June 18, 2012 in comment on posts, e-Books, e-publishing, eReaders, googling social, post to public, posting, Publishing
Tags: adult e-books, American Publishers Association, audio books, e-book revenues, e-books exceeded hardcover, e-Readers, first quarter ebook sales, GalleyCat, Mashable, young adult books