MobileRead Forums - View Single Post - Same-Day E-Book Sales Propel Grisham's Thriller

SensualPoet · 11-08-2010, 10:40 PM

Another example of how ebooks are changing the publishing industry at a breath-taking pace.

Wall Street Journal: Same-Day E-Book Sales Propel Grisham's Thriller

John Grisham's 24th legal thriller, The Confession, sold 230,000 copies in its first week ... a pace exceeding his previous tale, The Associate, measured by the first week of sales. Except the latest novel was released in both hardcover and ebook on the same day: 70,000 of the 230,000 copies were ebooks.

Amazon reported the Kindle ebook outsold the hardcover to its customers during this first week. And Doubleday cut the print run to 1.5 million for the hardcover (The Associate was 1.9 million) in anticipation of heightened ebook sales.

Hachette, one of the Big Five, also stated 9% of its US book revenues (not units, revenues), are ebooks, not paper, for the first 9 months of 2010. This is about the same statistic mentioned by other mainstream publishers.

(FYI. The ebook is $9.99 and the hardcover $15.48 from Amazon. It's also Number 1 in ebooks at Amazon but only Number 8 in paper.)

The future, ladies and gentlemen, has arrived.

11-08-2010, 10:40 PM	#1
SensualPoet Wizard Posts: 2,302 Karma: 2607151 Join Date: Nov 2009 Location: Toronto Device: Kobo Aura HD, Kindle Paperwhite, Asus ZenPad 3, Kobo Glo	Same-Day E-Book Sales Propel Grisham's Thriller Another example of how ebooks are changing the publishing industry at a breath-taking pace. Wall Street Journal: Same-Day E-Book Sales Propel Grisham's Thriller John Grisham's 24th legal thriller, The Confession, sold 230,000 copies in its first week ... a pace exceeding his previous tale, The Associate, measured by the first week of sales. Except the latest novel was released in both hardcover and ebook on the same day: 70,000 of the 230,000 copies were ebooks. Amazon reported the Kindle ebook outsold the hardcover to its customers during this first week. And Doubleday cut the print run to 1.5 million for the hardcover (The Associate was 1.9 million) in anticipation of heightened ebook sales. Hachette, one of the Big Five, also stated 9% of its US book revenues (not units, revenues), are ebooks, not paper, for the first 9 months of 2010. This is about the same statistic mentioned by other mainstream publishers. (FYI. The ebook is $9.99 and the hardcover $15.48 from Amazon. It's also Number 1 in ebooks at Amazon but only Number 8 in paper.) The future, ladies and gentlemen, has arrived. Last edited by SensualPoet; 11-08-2010 at 10:43 PM.