E-book sales double in 2011, take increasing chunk of marketJuly 18, 2012 - 20:20 AMT PanARMENIAN.Net - Sales of e-books are booming, although the book market is still a long way from converting completely to digital: last year, print accounted for 85 percent of the publishing industry’s general interest sales, AllThingsD reports. That number comes from the new BookStats survey, sponsored by two industry groups. It finds that Amazon and other digital distributors are taking an increasing chunk of the market, and that sales of “trade” e-books - basically, everything except educational and professional texts - doubled in the last year. That helped keep the publishing business more or less flat in 2011, even as print sales dropped off. Net publisher revenue for trade books increased 0.5 percent, to $13.97 billion, with e-books accounting for $2.1 billion of that. Meanwhile overall net revenue dropped 2.5 percent, to $27.2 billion. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Iran’s Red Crescent sends aid to Armenia’s flood-hit regions The Iranian Red Crescent Society has sent humanitarian aid to the victims of deadly floods that hit northern Armenia on May 25-26. Putin congratulates Pashinyan’s birthday Russian President Vladimir Putin congratulated Armenian Prime Minister Nikol Pashinyan on his birthday on June 1. Opposition motorcade en route to Gyumri for large rally A motorcade of protesters headed by Archbishop Bagrat Galstanyan is heading to the city of Gyumri. Ruling MPs, Foreign Minister talk Armenia-Azerbaijan processes MOs from the ruling Civil Contract party met with the Foreign Minister Ararat Mirzoyan in the Armenian parliament. |