Nov 10 2008
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.