I wonder what the "woe is me, we're being killed by the ebook business" publishers are going to say in reply to this? (If anything at all)
Quote:
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BookStats, a comprehensive survey conducted by two major trade groups that was released early Tuesday, revealed that in 2010 publishers generated net revenue of $27.9 billion, a 5.6 percent increase over 2008. Publishers sold 2.57 billion books in all formats in 2010, a 4.1 percent increase since 2008.
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Quote:
E-books were another bright spot, thanks to the proliferation and declining cost of e-reading devices like the Nook by Barnes & Noble and Amazon’s Kindle, and the rush by publishers to digitize older books.
In 2008 e-books were 0.6 percent of the total trade market; in 2010, they were 6.4 percent. Publishers have seen especially robust e-book sales in genre fiction like romance, mystery and thrillers, as well as literary fiction. In 2010, 114 million e-books were sold, the report said.
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