Go Read This | E-book sales begin to cannibalise print | theBookseller.com
by Eoin Purcell
This was, in some senses, bound to happen. If it proves to be true it is the start of the erosion of the print business model, the one that sees publishers forced to cut print runs, reduce their benefits of scale in print and perhaps encourage them to begin converting print readers to digital ones.
The growth in e-book sales in genres such as romance and science-fiction is leading to a cannibalisation in sales of printed books, according to Nielsen BookScan data.
Sales of printed romance books have fallen for the first time since records began at a time when e-book sales have more than doubled.
The data, released as part of a seminar held yesterday with Enders Analysis, ‘Digital Seminar: e-books and their impact on the market’, showed genres such as science fiction and romance are “overperforming” thanks to the tastes of early adopters of e-books. For example, the e-book market share of the science fiction and fantasy sector globally for the 10 weeks since June was 10%, more than treble the genre’s market share of print book sales. The share taken by romance and saga books was 14%, seven times its print market share.