From The Bookseller:
For those who predicted the death of the physical book and digital dominating the market by the end of this decade, the print and digital sales figures (see below) from the Big Five for 2015 might force a reassessment.
Somewhat smugly, The Bookseller predicted 2015’s e-book decline in these very pages back in 2013—and endured ire (much of it in digital form, unsurprisingly) at the time. We were attempting to be objective about e-books, acknowledging that they were (and are) an exciting, vital part of the industry—but that they were also just another format, and one that was (and is) in its relative infancy.
But sales have dropped. Or, at the very least, we can without a shadow of a doubt say that e-book volume slid for the Big Five publishers for the first time since the digital age began, collectively down 2.4% to 47.9 million units last year. That 2.4% drop is probably shallower than many observers would have predicted.
. . . .
The Big Five have a 56% share of 2015’s print volume through Nielsen BookScan. Assuming a broadly similar share in digital—the five probably garner a greater piece of the digital pie compared to other traditional publishers, but self-publishing makes up a decent percentage of e-books— that gives us 85.5 million e-books sold in Britain in 2015.
Link to the rest at The Bookseller
PG says “self-publishing makes up a decent percentage of e-books” substantially underestimates both the number of ebooks sold and the ebook revenue generated by indie authors.
However, at least it’s a nod in the general direction of what’s happening in the hidden Amazon ebook market not measured by the tools Big Publishing uses.