May 16 2013
In 2012, trade book sales (i.e. non academic book sales) rose 6.9%, to $15.049 billion, and e-book sales continued to grow, although the rate of growth slowed.
After several years of triple-digit growth, e-book sales grew 43% in 2012, representing 457 million e-books compared to 557 million hardcovers, and e-books now account for about 20% of publishers' revenues, up from 15% in 2011. The strongest segment of the e-book market remained adult fiction, boosted by erotica, with sales up 42%. Nonfiction e-book sales rose 22% while children's/YA rose 117%.
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No Man's Land
by Simon Tolkien
Inspired by the experiences of his grandfather, J. R. R. Tolkien, during World War I.
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