Go Read This | BEA 2013: The E-book Boom Years

Fascinating stuff:

During the 2008–2012 period, trade sales overall rose a total of 14.2%, with the increase due entirely to the introduction of e-books. During the period, sales of print trade books fell 8.4%, from $13.1 billion to just over $12 billion in 2012. The BookStats figures document the important role adult fiction has played in the growth of e-books. In 2012, e-book sales in the segment rose 42%, to $1.8 billion, while sales of adult nonfiction increased 22%. Within the trade category, children’s/young adult had the strongest gain, with sales jumping 117%, from $215.9 million to $469.2 million.

via BEA 2013: The E-book Boom Years.

Putting Things In Perspective | E-book sales data, the truth is out there | FutureBook

The Bookseller released publisher sourced data on ebook sales. There’s reason to be somewhat skeptical of the information in the sense that it is seller supplied and while non-one is saying it, there is the minute danger that some padding or exaggeration could creep in. However, the reality is that these figures are probably a very good approximation of where sales are in the UK (with the caveat as The Bookseller notes, that self-publishers are not represented*):

The basic numbers are clear. The data shows that the e-book market for traditionally published digital books is much bigger than previously thought, with estimates suggesting that a total number of 65 million e-books were sold in 2012, representing a value of about £200m – at least double what it was in 2011 in volume terms more than double. That would mean the overall book market grew in 2012, despite spending on print books falling £74m.

via E-book sales data, the truth is out there | FutureBook.

To put that in perspective, Nielsen released figures for the 2012 calendar year in Ireland that put sales at “a total of €123.4m and 11.5m units in 2012.”

Even allow for the fact that the Nielsen numbers for Ireland are widely seen as covering maybe 80% of sales, we can assume fairly happily that Irish print sales were well less that €150m and 15m units at the retail level.

Which when you think about it means that the ebook market, just for the UK is already bigger than the entire print market in Ireland. There’s no reason an Irish publisher cant attack that space aggressively and with relevant ebooks just as well as a UK based publisher.

What’s more, even if we assume a smaller growth rate for that digital share (say 10 or 20% in 2013) the market will STILL be larger than the Irish market and the space for growth is STILL more significant that that for most Irish publishers in print form.

Publishers committed to print or still unconvinced by digital sales, the alarm is ringing and you’ve pressed snooze once too many times, ignore it once more and the alarm will stop warning you and you’ll sleep through this change!

 

__________

*They’ve also excluded some 20p bestsellers. Which I find a little odd, but I can see where they were coming from. Personally, I would have included them.

Go Read This | Bill will end low prices for new Hebrew … JPost – National News

Wowzers! How crazy is this?This makes publishing Hebrew Books pretty uncompetitive. How does all this work with ebooks?

The bill also states that for the first 18 months authors will receive a minimum 8% royalty for the first 6,000 books sold, and royalties of at least 10% for all books sold after that number.

For the next seven years, publishers will be obligated to pay authors at least 16% royalties on profits from their books.

via Bill will end low prices for new Hebrew … JPost – National News.