Quote:
Originally Posted by HappyMartin
The publishers say their ebook sales are down and sales of print books are up. Amazon says sale of ebook continues to grow.
I can only assume the traditional publishers are canabalising their own ebook sales with p books and there is growth they are missing out on with the growing sales of self published ebooks.
No idea why there should be all this panic about ebooks anyway. Are these publishers in the book business or the printing business? To me a book is a book. Format is irrelevant other than convenience.
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Their panic stems from the fact that in their minds ebooks = Amazon. And Amazon = Indies and level playing field without front table payola.
Lost in this "we're saved!" meme is that the bulk of their pbook "growth" is coming at Amazon.
Also lost is that they are trumpeting a significant decline (5-%) in high margin ebook sales and a smaller 1.5% growth in low margin hardcovers as good news.