This is how fast things are changing in publishing.
My book Publishing and Marketing Realities of the Emerging Author has only been at the editor’s a week, and already it needs to be updated. Even between drafts, I would have to update information and figures.
Last July, Jeff Bezos announced that eBooks sales had outsold hardbacks, and he predicted that they would outsell paperbacks in the next 9 to 12 months.
Well, guess what? Exactly nine months later, they have.
The publishing tide is shifting fast: E-book sales in February topped all other formats, including paperbacks and hardcovers, according to an industry report released this week.
E-book sales totaled $90.3 million in February, up 202% compared to the same month a year earlier, according to a study from the Association of American Publishers. That put e-books at No. 1 “among all categories of trade publishing” that month — the first time e-books have beaten out traditional publishing formats.
Read the entire article here: E-book sales top paperbacks first time
What do you think about these figures?
Do you think this trend will continue, or is it just a fad?