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S&S Reports Quadruple Growth in eBooks

In the year end letter to her company, CEO for Simon and Schuster, puts on her happy face (after the grim one which dispersed the layoff information) and gives out the good news :  

  • New website coming in 2009 (which I've heard will be author centric)
  • eBook sales quadrupled in 2008.  
  • More ebooks to come (like 5,000 of them). 

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

4 Comments

  1. veinglory
    Dec 23, 2008 @ 14:46:15

    Given their starting point I feel compelled to mention that quadruple almost nothing is still almost nopthing. Ebook sales figures in general tend to be reported relative to baseline rather than relative to total sales or something really easy to understand, actual numbers ;)

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  2. Jane
    Dec 23, 2008 @ 15:15:00

    @veinglory True, but it must be something because I don’t think that they would promise to put so many more books out in digital format (they and Random House) if it wasn’t a viable source of future income.

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  3. vein
    Dec 23, 2008 @ 20:16:58

    Or that they thought it would be. Given that print houses generate digital proofs it costs relatively little to make a version available for sale. Many presses are offering ebooks but sales even with the best of them seem to have been surprisingly modest except when expressed as a proportional increase over how much worse they were last year ;)

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  4. kirsten saell
    Dec 24, 2008 @ 00:20:14

    but sales even with the best of them seem to have been surprisingly modest except when expressed as a proportional increase over how much worse they were last year ;)

    Well, duh. When most NY pubs want the same $$ or close to it (or more, holy crap!) for the ebook version as the print, sales are going to stay modest at best.

    This article makes me hopeful. I’m not even going to go to the website, because if I see a bunch of 10, 12, 14 dollar ebooks, I’m just going to want another glass of wine…

    ReplyReply

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