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!
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Good that publishers are starting to come back. I’d hate to see that option go down the drain.
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