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Publisher’s Weekly Digital Rundown

PW published an excellent mini Q&A  with the major publishers of the day regarding the state of digital publishing.  Highlights include:

  • Penguin Group USA's net e-book sales are up 500% over 2007, and we expect e-books to continue to sell strongly.
  • Houghton Mifflin Harcourt:  Our e-book sales are 10 times a month now what they were three years ago for the entire year. 
  • Kensington:  I think it's safe to say that as we make more new release titles available, as well as backlist titles, the business will probably double each year for several years.
  • Macmillian:  We'll see more simultaneous publications, more formats, attempts at minimizing DRM, and big search engines reappear in this market with true commerce initiatives.

Jane Litte is the founder of Dear Author, a lawyer, and a lover of pencil skirts. She spends her downtime reading romances and writing about them. Her TBR pile is much larger than the one shown in the picture and not as pretty. You can reach Jane by email at jane @ dearauthor dot com

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