From The Bookseller:
Hachette UK saw overall sales fall by 6.7% in the fourth quarter of the year due to lower e-book sales, with its parent company Lagardere Publishing saying that “market trends have reversed in the US and the UK”.
. . . .
A note in the Lagadere release said: “In 2015 market trends have been reversed in the US and the UK, with a rebound in volumes of printed books to the detriment of e-books, due to new contracts terms with Amazon. For the time being this digital transition remains essentially confined to the English-speaking markets and only in the general literature segment, which represents about 40% of total sales of the division. In the UK, Lagardere Publishing digital sales represent 26% of Adult Trade compared to 31% in 2014.”
. . . .
Tim Hely Hutchinson, c.e.o. for Hachette, acknowledged e-book sales had “slowed”, “after six years of stratospheric growth”. However, he emphasised: “We estimate that we remain the number one publisher in e-books and that, in the year, Hachette UK’s estimated market share rose by 1% to 22% of the e-book market. Digital sales now represent over 20% of HUK’s total sales.”
Despite the sales dip, Hely Hutchinson hailed 2015 “another standout year for the Hachette UK group”.
Link to the rest at The Bookseller