E-book sales double in 2011, take increasing chunk of marketJuly 18, 2012 - 20:20 AMT PanARMENIAN.Net - Sales of e-books are booming, although the book market is still a long way from converting completely to digital: last year, print accounted for 85 percent of the publishing industry’s general interest sales, AllThingsD reports. That number comes from the new BookStats survey, sponsored by two industry groups. It finds that Amazon and other digital distributors are taking an increasing chunk of the market, and that sales of “trade” e-books - basically, everything except educational and professional texts - doubled in the last year. That helped keep the publishing business more or less flat in 2011, even as print sales dropped off. Net publisher revenue for trade books increased 0.5 percent, to $13.97 billion, with e-books accounting for $2.1 billion of that. Meanwhile overall net revenue dropped 2.5 percent, to $27.2 billion. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Russia provides info about arrested Armenian ex-MP Russian law enforcement agencies have provided information about the arrest of Tigran Urikhanyan. Lemkin Institue slams Pashinyan's “cryptic engagement with Genocide denial” The Lemkin Institute is alarmed over Pashinyan’s statements “questioning Armenia's legal basis to pursue justice against Turkey”. 41 detained as antigovernment protests continue in Yerevan 41 people were detained in Yerevan as people demanding Pashinian’s resignation stage campaigns of civil disobedience. Armenia votes for UN resolution granting Palestine new rights The U.N. General Assembly voted by a wide margin on May 10 to grant new “rights and privileges” to Palestine. |