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E-book Sales Rose 167% in May

PW: After sales growth slowed slightly in April, to 127%, e-book sales rose 162.8% in May, to $29.3 million, at the 13 publishers that report results to AAP’s monthly sales report. Sales for the first five months of the year increased 207.4%, to $148.3 million. In some other trade segments, adult hardcover sales jumped 43.2%, to $138.5 million, at the 17 publishers that report results. Sales at nine mass market paperback publishers fell 14.6% in May, to $53.6 million. For the five months, mass market paperback sales were down 7.3%, to $264.8 million; that decline coupled with the rapid growth of e-books puts the e-book market at 55% of the size of the mass market paperback market.

E-book Sales Rose 167% in May.

About the Author

David Hancock, Morgan James Publishing's Founder, and co-author of Guerrilla Marketing for Writers and The Entrepreneurial Author, is recognized by NASDAQ as one of the world's most prestigious business leaders and reported to be the future of publishing.

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