Promwad's E-book cover concept design
The Southern Review reports:
Book sales decline as consumers cut spending in contracting economy
Net sales of books in April fell 3.5 percent to $472.7 million, based on data from 79 publishers as reported to the Association of American Publishers. For the year to date, net sales of books were $2.183 billion, unchanged from the same period last year.
Not all sales were down. Among those that increased were:
E-book sales rose 19.9 percent to $3.4 million. University press hardcover sales rose 12.1 percent to $5.6 million. Adult mass market sales rose 4.7 percent to $53.2 million. Adult trade paperback sales rose 4.5 percent to $118.3 million. Audiobook sales rose 1.7 percent to $12.6 million.
Among declining categories:
Higher Ed sales declined 30.5 percent to $8 million. Religious books decreased 21.5 percent to $34.2 million. Children's/YA hardcover sales dropped 19.9 percent to $39 million. University press paperbacks dropped two percent to $2.7 million). Adult hardcover sales were down 4.6 percent to $110 million. Children's/YA paperback sales dropped 3.1 percent to $39.3 million.
Not surprising considering the massive price of hardcovers which is a good chunk of gas money. E-books were gaining momentum even before Tor and HQN got on the map and now with the e-readers, iphone and blackberries, it's even easier to acquire and read the downloaded books. Now if we can only get rid of DRM and find a singular format to read across devices, we'll really see a rise in E-books!