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June 16, 2012 02:40 am GMT
The Association of American Publishers released a report today that shows that ebooks have beaten hardcover revenues for the first time. Ebook revenues topped out at $282.3 million YTD while hardcovers hit $229.6. Almost exactly a year ago the tables were turned with ebooks hitting $220 million and hardcovers brushing past $335 million.The only growth in hardcovers is in the young adult/children's category where hardcover revenue rose to $187.7 million and children's ebooks rose to $64.3 million, up from $3.9 million in 2011.In short, ebooks are winning.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KZZZ94HQCQ8/
EBook Revenues Beat Hardcovers For The First Time
The Association of American Publishers released a report today that shows that ebooks have beaten hardcover revenues for the first time. Ebook revenues topped out at $282.3 million YTD while hardcovers hit $229.6. Almost exactly a year ago the tables were turned with ebooks hitting $220 million and hardcovers brushing past $335 million.The only growth in hardcovers is in the young adult/children's category where hardcover revenue rose to $187.7 million and children's ebooks rose to $64.3 million, up from $3.9 million in 2011.In short, ebooks are winning.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KZZZ94HQCQ8/
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