eBook revenues double in 2011

The future of ebooks looks good, according to new stats that have come through regarding the growth of the market-share of electronic publications versus print.

http://www.digitalbookworld.com/2012/e-book-revenues-double-in-2011-top-2-billion/

“E-book revenues across trade publishing topped $2 billion in 2011, more than doubling from $869 million in 2010, according to the latest figures from BookStats.

In 2011, e-books represented about 15% of all trade publishing revenues versus 6% in 2010, according to the report, a joint venture between the Association of American Publishers and the Book Industry Study Group.

That 15% number may seem low compared with the 20% (and higher) numbers that some publishers have been discussing for fiscal 2011 results, but the BookStats report includes many small and mid-size publishers that may not derive as much of their revenue from e-books, not to mention cookbook publishers and children’s book publishers that may also lag behind large trade publishers.”

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