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E-Book Sales Have Tripled In the Last Year

destinyland writes "The Association of American Publishers revealed today that e-book sales have tripled in the last year. Sixteen publishers reported that in February e-book sales totaled more than $90.3 million, a 202.3% increase over e-book sales in February of 2010. Meanwhile, sales of adult hardcover books have dropped 43%, while mass-market paperback sales dropped 41.5% (earning just $46.2 million and $29.3 million, respectively). The book publishing association acknowledged that readers have 'made e-books permanent additions to their lifestyle,' arguing that publishers 'are constantly redefining the timeless concept of "books"' and identifying new audiences they can serve through emerging technologies. 'It's nice to see that book publishers are aware of the changes rocking their industry,' notes one e-book blog, 'and that they're approaching it with a sense of history.'"

7 of 204 comments (clear)

  1. Note to Publishers: I'm Done with Paper by RobotRunAmok · · Score: 4, Interesting

    Wife has a Nook. I have a Kindle. We are each inseparable from these devices, which are each currently filled with easily a two-year backlog of books waiting to be read. If you distribute a book, and there is no electronic version of it available, it's gonna have to be the Word of God newly etched on tablets for either of us to even consider buying it.

  2. Re:regauarding e books by 0123456 · · Score: 3, Interesting

    I still fail to see why anyone would want to spend money on an e book. I like to be able to read a book ... not worry over when they will revoke the book from "my reader. "

    Weird. All the e-books I own are DRM-free, so I can do whatever I want with them for my own use.

    You're right though, I wouldn't want to pay paperback prices for an e-book with DRM which can be revoked at any time. That's why I avoid buying any which do have DRM.

  3. Re:And yet by Defenestrar · · Score: 4, Informative

    Oh, you mean like Baen. And they only charge less for some books - others they give you for free and have found that it increases their sales for related books. Oh and on some of their newer hardcover books they've been including a CD with DRM free share-with-your-friends-requested ebooks of all the previous books in the series (i.e. Cryoburn of Bujold's Vorkosigan adventures).

    Ultimately it'll be the market which decides how this plays out, but I know where I'm going to vote with my dollars.

  4. Experience by 93+Escort+Wagon · · Score: 4, Interesting

    I bought a Kindle for my wife as a Christmas present a few years back. To be frank, my main purpose was to address the problem we had with ever-growing, increasingly-unstable, easy-to-trip-over piles of books scattered somewhat randomly around our house (she's always been a serious book hound). She wasn't completely sold on the idea, but it only took her a week or so to completely fall in love with the device.

    Then this past winter I got one when I found I was going to be "arm less" for six weeks due to shoulder surgery. I also wasn't sold on the device, but have quickly come around. In some ways it's actually more convenient to read than a paper book! And while my initial thought was "Buttons? I dunno, multi-touch is much better" - I now think the navigation buttons are a better way to go. You can easily turn pages on a Kindle using the same hand you're holding the "book", which is not true of an iPad - or even a paper book.

    I am bothered by the DRM issue, and initially it held me back from making the move to an e-reader. But since I currently can (and do) strip the DRM from my e-books and copy them to my media backup disk, these concerns don't stop me from using the technology. But I'm hoping someone in authority will eventually step forward with a "Thoughts on DRM" missive regarding e-books - as we've seen with music, selling people DRM-encumbered media has potentially dire long-term consequences; and it's not a given we'll always have the ability (even "underground") to remove it.

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    #DeleteChrome
  5. The Problem is Still An Outdated Publisher's Model by sarbonn · · Score: 4, Insightful

    I'm a novelist who has been published by legacy publishers (old style of publishing). As a writer who has moved over to the e-reader market, I've been doing a lot of networking with a lot of writers who are writing specifically for Kindle and Nook markets. What's interesting is that publishers still want to force their tiny royalty schedule onto writers, even though the costs to the publishers have gone to practically nothing. Sure, in the beginning, a publisher puts forth a bit of the upfront costs (including an advance), but what then happens is that the writer receives a tiny fraction of the profit. This was somewhat fine with the legacy model, but now with e-readers, publishers STILL want to keep 90 percent of the profit. One of my publishers sent me an email informing me that because my sales were good, they were going to "reward" me with 20 percent of ebook sales. Yet, when I put books directly onto the Kindle, I received 70 percent of the profit (Amazon keeps 30 percent). Until publishers start moving into the future of this dynamic, the industry is going to make a move much like the music industry did. Right now, publishers are scrambling to maintain control, because the only real positive they have in their favor is that they used to be able to get your books into a bookstore. Now, anyone can get onto the Internet and Amazon. All they have left to offer is marketing, and strangely enough, about ten years ago, unless you were a Stephen King level of writer, they weren't doing any marketing for lower level writers. Which means, the publishing industry is about to implode.

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    Sarbonn's blog: http://www.sarbonn.com/blog
  6. Re:Publishing industry is dead... by 0123456 · · Score: 4, Insightful

    I think we're going to see dramatic changes in publishing, but not to that extent. Self-publishing is great if you've already built up a reputation through print publishing, but for someone who's just starting out as a writer they're stuck with trying to differentiate themselves from the 99% of self-published fiction that's simply dire.

    Having a known publisher's logo on your ebook is going to be beneficial for quite some time, if only to say 'give this book a try, it's not crap like all those other ones you've looked at'. Plus most writers want to write, not spend time marketing, creating book covers, etc.

  7. Re:Publishing industry is dead... by 0123456 · · Score: 3, Insightful

    I have never in my life looked for a publisher's mark to determine if a book is good.

    You didn't need to, because if it didn't have a publisher's mark on the cover it wasn't on the bookstore shelf. Getting into a bookstore was pretty much impossible for self-published fiction for the last few decades, which is why self-publishing has only become popular again now that it's become so easy.

    Seriously, I looked at about a hundred self-published ebook samples recently. Most of them were dire, most of the rest were barely readable and the only ones I considered buying were the books that had previously been published in print but the rights had reverted to the author who was self-publishing them as ebooks.

    I'd love to support more self-published authors, but I'm having a hard time finding any I can read more than two pages of without wanting to throw the ebook across the room.