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Old 01-28-2013, 09:54 PM   #14
charmian
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Join Date: Feb 2009
Device: Kindle 3, Kindle PW2
http://online.wsj.com/article_email/...DEyNDgyWj.html

I think this link might work.

Other things in the article: Klipper claims that fewer than 20 stores lose money.

Quote:
Bertelsmann SE & Co.'s Random House, the world's largest publisher of consumer books, says e-books now make up about 22% of its global sales, up from almost nothing five years ago. The head of a major publishing rival says he expects e-books will be as much as 50% of his total book sales in the U.S. by the end of 2014. Digital books already account for 60% of this publisher's sales of new commercial fiction, a key category for the nation's largest bookstore chain.
60% of new commercial fiction sales? Wow. That's above even the 50% figure for fiction I've seen estimated. 50% of total book sales by 2014 is quite a figure. Yet, at the same time, growth is slowing?
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