BookStats reports that e-book sales in fiction rose 42% in 2012 to a total value of $1.8 billion.
Nonfiction e-book sales grew 22% to $484.2 million.
E-book sales in children’s and YA categories increased a whopping 117% to $469.2 million.
E-books now account for 20% of publishers’ revenues.
Net revenues for publishers are also up slightly. The industry is recovering. If you have a manuscript that’s been lying in a drawer somewhere collecting dust, it’s time to pull it out and start pitching!
Good that publishers are starting to come back. I’d hate to see that option go down the drain.
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