Ebook Revenues Top Hardcover - somersault

Ebook Revenues Top Hardcover

GalleyCat (@GalleyCat) reports that net sales revenue from ebooks have now surpassed hardcover books in the first quarter of 2012.

According to the Association of American Publishers’ (@AmericanPublish) March net sales revenue report (collecting data from 1,189 publishers), adult ebook sales were $282.3 million while adult hardcover sales counted $229.6 million during the 1st quarter of 2012. During the same period last year, hardcover accounted for $335 million in sales while ebooks logged $220.4 million.

Here’s more from the report (Q1 2012 chart embedded above): “While ebooks continue to show growth, downloaded audiobooks also keep accelerating vs last year – as some experts have said, tied to ongoing popularity and acquisition of smartphones and mobile devices.”

Read this in full.

Also see our previous blogposts, “Ebooks Projected to Comprise 50% of US Trade Book Market By 2016,” “Extensive New Study: The Rise of E-reading,” and others about ebooks.

Contact Somersault (@smrsault) to help you publish your content as pbooks, ebooks, and audiobooks.

And be sure to bookmark and use daily the SomersaultNOW online dashboard.

Somersault Group

Announcing Somersault Group, doing business as Somersault. We believe the unprecedented changes occurring in the publishing world aren’t a crisis; they’re a playground of possibilities. We're here to help clients embrace change and leverage it to fulfill their mission. We're flipping the publishing world right-side up! Due to rapidly churning communication technology and seismic shifts in the book market distribution landscape – from the Internet to eReaders and the iPad to individual book print-on-demand capability – publishers expect authors to take more responsibility for the development, promotion, and sales of their books. Somersault helps publishers, agents, ministry partners, and Christian authors adapt to these changes with dexterity. We combine the experience and vision of Somersault publishing executives with the integrated marketing and technology expertise of digital natives. We honor good ideas and the creative people who embody them. We believe in the power of books to change lives, and are committed to help authors tell their stories and actively engage their readers. We want to be known for our nimbleness and responsiveness. Anticipating and embracing the future, being attentive to consumer behavior, inviting collaboration, and encouraging entrepreneurship are our core values, as we operate within the framework of having fun and reflecting the kingdom of God. We’re seeking ‘blue water’ opportunities, be they pond, lake, or ocean. We provide authors with brand counseling, editorial direction, research capabilities, marketing strategy, Internet and social media presence, and a comprehensive portfolio of publishing assistance. Our mission is to change lives by connecting inspirational content creators with readers using exceptional creativity, right-now technology, and old-fashioned personal care. See all our social networks on our Google profile. Contact us at hello@somersaultgroup.com, 1.616.551.1539, 131 Division Ave. S., Suite 300, Grand Rapids, MI 49503-4215.

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