This blog is dedicated to books, authors, and book news.
Saturday, April 16, 2011
E-book sales top paperbacks for first time
NEW YORK (CNNMoney) -- 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.