Print Declines Outpace Digital Gains

Sales of print books in the major trade categories fell 22.9% in the first six months of 2011 at the houses that report figures to the Association of American Publishers. The declines were greatest among the adult segments, with sales down by more than 20% in the hardcover, trade paperback, and mass market paperback categories. While ebook sales jumped 161.3% in the six-month period, the gain was not enough to offset the decline in print, and combined ebook and print book revenue fell 8.6% at the reporting trade publishers. Print book sales were no doubt hurt by the demise of Borders, which sold few new titles from the major houses during the going-out-of-business sales conducted at closing stores. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2011-09-16 00:00:00 UTC ]

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