MobileRead Forums - View Single Post - Sir "Sony" Stringer is in love with his e-book reader

pitcher23 · 06-07-2006, 05:01 PM

"People are spending an amazing amount of money on iTunes. Go to work and ask how many songs vs books (electronic or otherwise) they have bought in the current year, then translate that to $ (one dollar a song, 7 dollars a book or some such). Its staggering the advantage that songs have, and I posit its just in the nature of how we enjoy songs as a complement to what we do rather than occupying what we do."

In the U.S. alone, book sales for 2005 were $25.1 billion according to figures released by the Association of American Publishers. CD sales were $11.2 billion and digital download sales were $503.6 million according to the RIAA.

I think the reason books outsell songs is a reason you stated. A song gets listened to over and over, while once a book is read, the reader moves on to another one.

Itunes songs only make up around 4% of total music sales. If Sony could do 4% with ebooks, then they can be considered a success.

06-07-2006, 05:01 PM	#13
pitcher23 Zealot Posts: 138 Karma: 12 Join Date: Mar 2005 Location: New York USA	"People are spending an amazing amount of money on iTunes. Go to work and ask how many songs vs books (electronic or otherwise) they have bought in the current year, then translate that to $ (one dollar a song, 7 dollars a book or some such). Its staggering the advantage that songs have, and I posit its just in the nature of how we enjoy songs as a complement to what we do rather than occupying what we do." In the U.S. alone, book sales for 2005 were $25.1 billion according to figures released by the Association of American Publishers. CD sales were $11.2 billion and digital download sales were $503.6 million according to the RIAA. I think the reason books outsell songs is a reason you stated. A song gets listened to over and over, while once a book is read, the reader moves on to another one. Itunes songs only make up around 4% of total music sales. If Sony could do 4% with ebooks, then they can be considered a success. Last edited by pitcher23; 06-07-2006 at 08:48 PM.