Ebooks Now 23% of U.S. Publisher Sales

Ebooks Now 23% of U.S. Publisher Sales:

Big, bigger, but not yet biggest: According to the Association of American Publishers's StatShot study released Thursday, ebooks made up nearly a quarter (22.55%, to be precise) of U.S. trade publishers' book sales last year. That's up from 17% in 2011 and just 3% in 2009.
The financial outlook for books is good. Total industry revenues increased 6.2% to $7.1 billion, of which $1.54 billion came from ebooks. Net revenue from adult fiction/non-fiction and children's/young adult books rose as well — though revenue in the third category, religious presses, did not.
It wasn't just ebooks that sold well. Downloadable audiobooks and paperbacks also saw year-over-year increases, as did hardcover copies of books in the children's/young adult category. Read more...
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