eOutlook: eBook Sales Grow Again

Linda McMaken
8-1-11
Cincinnati, OH

Yet another publisher, Penguin Books, has announced that sales of their eBooks grew over 128% this year accounting for nearly 14% of their total revenue. These sales figures are from the first half of 2011 and are expected to show additional growth for the second half of the year.

Marjorie Scardino CEO said in a statement: “Though market conditions are anything but easy, we are sufficiently encouraged by our start to the year to raise both our guidance and our dividend. Structural changes in our industries are gathering pace, but we are confident that we have the strategy, the competitive positions, the investment capacity, and the culture to sustain our strong records of performances.”

 

Similar Articles

Comments

FOLLOW US

2,024FansLike
3,238FollowersFollow
10,200SubscribersSubscribe

Recent Book Trailers

Instagram

Advertisment

Don't Miss

PODCAST: WITH AUTHOR SUMMER DOWELL

0
Get read for some fun, flirty escapism with author Summer Dowell LISTEN HERE!! Summer Dowell is an author of fun, feel-good chick lits and romantic comedies...

Program for “Waffes + Mochi,” a New Netflix Kids Series

0
Random House Children’s Books and Clarkson Potter will launch a program based on the new Netflix children’s series, Waffles + Mochi, from Higher Ground Productions, President Barack Obama and Michelle Obama’s production...

SNEAK PEEK: Explorer Academy: The Tiger’s Nest (Book 5) (Explorer Academy, 5)

0
Explorer Academy: The Tiger's Nest (Book 5) (Explorer Academy, 5) On an island nation in the Indian Ocean, the explorers venture through a vast...

SNEAK PEEK: MEANT TO BE BY JUDE DEVERAUX

0
Meant To Be by Jude Deveraux An inspiring new family saga by New York Times bestselling author Jude Deveraux Two headstrong sisters are bound by tradition but long to...

NBA SUPERSTAR CHRIS PAUL TO PUBLISH BOOK WITH ST. MARTIN’S PRESS

0
It was announced today that Phoenix Suns point guard, ten-time NBA All Star, and president of the National Basketball Players Association Chris Paul will...

MEET THE AUTHOR: LAWNA MACKIE

0
FEBRUARY IS FOR ROMANCE AUTHORS! MEET LAWNA MACKIE My name is Lawna and I’m an avid romance reader and author. I wanted to share something about...

Penguin Random House & We Need Diverse Books Launch the Black Creatives Fund

0
Together with We Need Diverse Books (WNDB), we are thrilled to announce the launch of the Black Creatives Fund, an initiative with a mission of supporting emerging...

MEET THE AUTHOR: IRENE HANNON

0
MEET IRENE HANNON CORPORATE JET-SETTER AND AWARD WINNING ROMANCE AUTHOR Bestselling, award-winning author Irene Hannon took the publishing world by storm at the tender age of...

Nationwide Digital BookClub

0
Nearly 16,000 public libraries and tens of thousands of readers across the United States join together to enjoy the latest Together We Read: US digital book...

MEET THE AUTHOR: J.E. MCDONALD

0
IT'S MEET THE ROMANCE AUTHORS MONTH! MEET J.E. MCDONALD....... I’m a morning writer who hates mornings. Every day I drag myself out of bed and join...