Submitted via IRC for TheMightyBuzzard
New data suggest that the reading public is ditching e-books and returning to the old fashioned printed word.
Sales of consumer e-books plunged 17% in the U.K. in 2016, according to the Publishers Association. Sales of physical books and journals went up by 7% over the same period, while children's books surged 16%.
The same trend is on display in the U.S., where e-book sales declined 18.7% over the first nine months of 2016, according to the Association of American Publishers. Paperback sales were up 7.5% over the same period, and hardback sales increased 4.1%.
"The print format is appealing to many and publishers are finding that some genres lend themselves more to print than others and are using them to drive sales of print books," said Phil Stokes, head of PwC's entertainment and media division in the U.K.
Stokes said that children's book have always been more popular in print, for example, and that many people prefer recipe books in hardback format.
Source: http://money.cnn.com/2017/04/27/media/ebooks-sales-real-books/index.html
(Score: 1, Insightful) by Anonymous Coward on Wednesday May 03 2017, @05:23PM (1 child)
Textbooks? Of course I'll buy paper. Same for DIY guides, astronomy references, and most of my chess library.
Fiction? I much prefer my Nook (or ex Sony Reader) to carrying around a dozen new and prior paperbacks with me.
Magazines? Unless I want to save them in a library, I'll take an LCD tablet, thanks.
And "dying out" is rather sensationalist. Finding its stable marketplace is more like truth.
(Score: 2) by Joe Desertrat on Thursday May 04 2017, @06:41AM
And "dying out" is rather sensationalist. Finding its stable marketplace is more like truth.
In modern Wall Street terms, stable is equivalent to dying.