When eBooks really started to take off around three years ago, their success was accompanied by the typical doomy, gloomy apocalyptic hand-wringing about the future of the printed book. The thinking then was that every winner has to have a loser, and with a winner this big (British sales for consumer eBook fiction and non-fiction were up 366% in 2011!!) a big dive was predicted. It’s funny to think, just three years down the line, that people were sure the printed book was on the way out. Perhaps it was just a testament to the popularity and exciting potential of eBook technology, perhaps it was something closer to a silly panic. Either way, the numbers from last year seem to point to a happy, mutually beneficial coexistence, which is good news for all parties involved.
According to Britain’s Publisher’s Association, total book sales rose 4% last fiscal year, and while print still makes up the majority of sales, its small 1% sales slip was more than made up for by a 66% gain in the digital realm. As The Telegraph points out, that number is way down from the previous year’s 366% surge. “There is an inevitable slowdown going on,” said [Richard] Mollet [chief executive of the Publisher’s
It seems like this type of evening out is to be expected. Not only that, it’s probably a healthy sign that eBooks are becoming less gimmicky and finding their way into
Max Rivlin-Nadler writes for the Lulu Blog – Archived