E-books Now Make Up 1/5 of U.S. Book Sales




E-books are helping fuel overall growth in the publishing industry. According to BookStats figures released Wednesday by the Association of American Publishers (AAP) and the Book Industry Study Group (BISG), trade books generated $ 15 billion in revenue in 2012, up 6.9% from the year before. Trade publications include fiction and non-fiction books for adults, young adults and children, and do not include higher ed, K-12 and professional/scholarly volumes.

Approximately one in five books sold were e-books, which collectively accounted for $ 3 billion, or also about a fifth, of all trade publishing revenue, up 44.2% from 2011. That growth was fueled in part by a sharp increase in sales of children’s and young adult fiction, up 117% to $ 469 million. Adult fiction is still the dominate seller in the category however, accounting for $ 1.8 billion in revenue. Read more…

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