Tuesday, February 1, 2011

Publishers optimistic about year ahead

According to this month's edition of Book Business Magazine publishers expect the online retail channel for books to continue to expand this year for both print and digital. Brick-and-morter booksellers are perceived to be at something of a disadvantage as we pass the point where over half of all books are now sold online. At least one of the publishers within the educational space reported that as much as 45-56 percent of their revenue now comes from digital products (including journals and other products beyond textbooks, but even the latter has seen growth). There seems to be a consistent view forward that sales will be increasingly on mobile devices, and that digital content sales will grow rapidly, and will see the introduction of a number of new formats and variations, including more custom possibilities, over the next few years.

See the current issue for a range of other interesting stories.

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