Tag: Publishers Association
Investment in digital ‘paying off’ as e-books offset drop in physical sales
The publishing industry made £6 billion last year, with the increasing popularity of e-books offsetting a drop in physical sales. Figures from the Publishers Association show a 3% increase in digital sales, bringing revenue from e-books and other digital formats to £2.6 billion. However, physical sales saw a drop of 5% to £3.5 billion as…
Sony predicts e-book to take over printed copy in 5 years
The Japanese tech-giant suggested the paperback will be a thing of the past within five years after analysing the rise of digital film and music. Steve Haber, president of Sony's digital reading division, told the Telegraph: "Within five years there…
