One-fifth of all revenues generated by the book publishing industry come from electronic titles, according to a survey by two publishing industry trade groups that revealed double- and triple-digit increases in e-book sales in 2012. The report, which includes data from about 1,500 publishers and the leading trade houses, found that fiction e-books generated $1.8 billion in sales last year, a 42% increase over 2011, while demand for e-books for children and young adults fueled a 117% increase in revenues. Sales of downloadable audiobooks also got a boost, rising 22% to a total of $240.7 million.

Related Summaries