More on the latest sales reports released by the Association of American Publishers and the Book Industry Study Group from Reuters:
Net sales of e-books jumped to 15 percent of the market in 2011 from 6 percent in 2010, according to a report by the Association of American Publishers and the Book Industry Study Group. The groups compiled data provided by nearly 2,000 publishers.
Total overall U.S. book market sales declined 2.5 percent to $27.2 billion in 2011 from $27.9 billion in 2010, the report said.
While ebooks increased in strength, bringing in more than $2 billion in 2011, the majority of publishers’ revenue still came from print books, with $11.1 billion in 2011.
. . . .
“Ebooks have demonstrated unprecedented acceptance among readers but the various print formats remain dynamic as well, showing that consumers want options,” Vlahos said.
. . . .
[B]rick-and-mortar retail was still the biggest sales channel for publishers, representing 31.5 percent of total net dollars. However that was down 12.6 percent from 2010.
As a comparison, online retailers represented 13 percent of total net dollars, but grew 35 percent from the year before.
Link to the rest at Reuters and thanks to Eric for the tip.