The most telling details for me is the clear shifting of the market towards hardback and ebook and away from paperbacks, is this a secular trend that we can expect to persist?
In some other trade segments, adult hardcover sales jumped 43.2%, to $138.5 million, at the 17 publishers that report results. Sales at nine mass market paperback publishers fell 14.6% in May, to $53.6 million. For the five months, mass market paperback sales were down 7.3%, to $264.8 million; that decline coupled with the rapid growth of e-books puts the e-book market at 55% of the size of the mass market paperback market.
HT @ajaxlogos