E-Book Sales Pass Print on Amazon

While the Rapture isn’t scheduled to occur until Saturday, according to members of certain religious fringe groups, it looks like doomsday has come early for publishers of print books. Amazon announced Thursday that sales of ebooks on the site have finally surpassed combined sales of hardcovers and paperbacks. For every 100 print books sold since April 1, the company said, it sold 105 digital ones, and credited the surge in ebook sales to its new ad-supported, lower-priced Kindle. “We had high hopes that this would happen eventually, but we never imagined it would happen this quickly,” said CEO Jeff Bezos. “We’ve been selling print books for 15 years and Kindle books for less than four years.” The vice president for Kindle content, Russ Grandinetti, claimed that the digital trend is actually good for publishers. “Even though some digital sales may be substitutions from print, one of the great impacts . . is people spend more minutes a day reading. They make reading more of a habit, and that’s good for the total book business.” But Mike Shatzkin, CEO of the Idea Logical Company, which advises publishers on digital matters, isn't buying it. “[Amazon is] taking print sales away from others while their own devices are taking print sales away from them. That’s the real import of those numbers. It’s one more nail in the coffin of brick and mortar stores,” he told The New York Times. Still, publishers shouldn’t lose hope just yet, some analysts say. According to Forrester... Continue reading at 'AdWeek'

[ AdWeek | 2011-05-20 00:00:00 UTC ]
News tagged with: #mike shatzkin #mortar stores #forrester research #e-book reading #big deal #forrester analyst

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QOTD: About Those Amazon E-Book Sales…

“As a former Amazon Associate, I can tell you that a great many sales of Kindle Books are for the 99¢ complete Dickens, etc.” –Movie critic and Web publisher Roger Ebert, providing some context for Amazon’s stat about Kindle ebooks outselling print books. Continue reading at AllThingsD

[ AllThingsD | 2011-05-20 00:00:00 UTC ]
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Print book sales continue to fall

Written By: Philip Stone Publication Date: Tue, 29/03/2011 - 15:50 Book sales slipped for the fourth week in a row last week, and were down more than £3.3m last year, according to Nielsen BookScan data. A total of £24.2m was spent on printed books at UK retail outlets in the seven days to 26th... Continue reading at The Bookseller

[ The Bookseller | 2011-03-29 00:00:00 UTC ]
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Printed book sales slump to new 2011 low

Written By: Philip Stone Publication Date: Tue, 22/03/2011 - 15:36 Spending on printed books in the UK slumped for a third consecutive week to a new 2011 low, with this week's number one the lowest-selling top title for more than seven years. read more Continue reading at The Bookseller

[ The Bookseller | 2011-03-22 00:00:00 UTC ]
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Amazon Claims E-book Sales Beat Paperbacks

The ebook sales milestone "has come even sooner than we expected," CEO Bezos says. Continue reading at PC World

[ PC World | 2011-01-29 00:00:00 UTC ]
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Amazon Kindle Book Sales Soar

Online retailer reports sales of its digital ebooks has outstripped those of traditional paperbacks. Continue reading at PC World

[ PC World | 2011-01-28 00:00:00 UTC ]
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Reinventing Book Printing: Digital Printing for Every Stage in a Book’s Life

Multinational publishers know that regional book editions increase their options for selling titles, especially in the education segment. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-21 00:00:00 UTC ]
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Amazon Prime Day 2024: Everything we know about the July sale and Amazon deals to shop now

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Amazon Prime Day 2024: Everything we know so far about Amazon's sale in July

This year’s Amazon Prime Day is coming soon, so it’s a good time to start thinking about the things you’ll want to look for once the deal wave hits. Everything from gadgets to clothes to household necessities will be on sale during the event, and if you’re a Prime member, you’ll have access to... Continue reading at Engadget

[ Engadget | 2024-06-11 14:28:43 UTC ]
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Amazon Prime Day 2024: Everything we know about Amazon's sale in July

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[ Engadget | 2024-06-06 19:28:08 UTC ]
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These are the 10 Best Books of the Year, According to Amazon Book Editors

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[ Book Riot | 2022-11-15 14:00:00 UTC ]
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Powell’s Books will stop selling books through Amazon due to its “detrimental impact” on stores.

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[ Literrary Hub | 2020-08-27 19:29:44 UTC ]
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Amazon is opening a store across the street from Nashville’s Parnassus Books, because Amazon is bad.

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[ Literrary Hub | 2019-08-26 16:58:35 UTC ]
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[ Publishing Perspectives | 2018-09-21 00:00:00 UTC ]
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[ Publishing Perspectives | 2018-08-31 00:00:00 UTC ]
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[ Publishing Perspectives | 2018-06-08 00:00:00 UTC ]
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Weak Print Sales Limit Sales Gains at Wiley

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[ Publishers Weekly | 2017-09-08 00:00:00 UTC ]
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[ Publishers Weekly | 2017-07-07 00:00:00 UTC ]
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[ Publishers Weekly | 2017-05-25 00:00:00 UTC ]
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