Actually, Ebook Sales–and Book Sales in General–Are Rising.
Just two days ago, I talked briefly about Mike Kozlowski's blog entry on Good E Reader that, like many articles before it, seems to suggest that the death of ebooks is a foregone conclusion. As it turns out, any report implying the impending demise of the format is, in the words of Mark Twain, “greatly exaggerated.”
Today, Publisher’s Weekly reported that overall book revenue were actually up 4.9% in 2014, with ebooks rising 1% to $1.29 billion and accounting for 27.2% of adult book sales for the year.
Not great, but not too shabby, either. Especially for a format that some...