Technology

The business and culture of our digital lives,
from the L.A. Times

E-book sales triple from a year ago, now top-selling book format

Kindle

E-book sales are piling up fast. 

In February, a couple of months after huge numbers of readers got electronic reading devices for the holidays, sales of e-books reached $90 million -- more than tripling the number from a year earlier, according to the Assn. of American Publishers.

Although that number was still smaller than sales for all paper formats combined, it outstripped any single print format -- hardcover, trade paperback or mass market paperback (think mystery novels and blocky airport fare).

Scorching e-book sales are generating another side effect, publishers said.

"Trade publishing houses cite e-books as generating fresh consumer interest in -- and new revenue streams for -- 'backlist' titles," the AAP said in a statement. Backlist titles are "books that have been in print for at least a year. Many publishers report that e-book readers who enjoy a newly released book will frequently buy an author’s full backlist."

The AAP's data comes from 84 publishing houses, including 16 that sell e-books.

Last summer, online retailer Amazon.com Inc. said sales of e-books for its Kindle reader had far eclipsed hardcover book sales, noting at the time that it had been selling e-books for only a little more over two years and had been selling paper books since 1995.

Apple's iPad has also caught on quickly as a reading device, selling more than 100 million e-books since it was introduced about a year ago.

RELATED:

Random House switches to e-book agency model; little bookseller chagrined

Apple's book rule: 'I wouldn’t be surprised if phones were ringing at the FTC,' analyst says

-- David Sarno

Image: Amazon's Kindle device. Credit: kodomut via Flickr

 
Comments  ()

Connect

Recommended on Facebook


Advertisement

In Case You Missed It...

Videos

How to Reach Us

To pass on technology-related story tips, ideas and press releases, contact our reporters listed below.

To reach us by phone, call (213) 237-7163

Email: business@latimes.com

Andrea Chang
Armand Emamdjomeh
Jessica Guynn
Jon Healey
W.J. Hennigan
Tiffany Hsu
Deborah Netburn
Nathan Olivarez-Giles
Alex Pham
David Sarno


Categories


Archives