Tuesday, January 15, 2013

Decline in Printed Books Slowed

As the e-book market has exploded, fueled in large part by the popularity of e-book readers like the Kindle and tablets like the iPad, predictions regarding the so-called "death of print" have only gained steam. But a new report from Neilsen Bookscan indicates that while e-book sales are on the rise, the decline in print sales have actually slowed down, a sign that mainstream readers may not be finished with the print book format just yet.
According to Neilsen Bookscan data analyzed by Publishers Weekly, sales of print books in 2012 declined by nine percent, approximately the same rate at which print sales declined in the previous two years. This new data indicates that, despite the increasing popularity of tablets and e-readers, the decline in print book sales versus e-books has stabilized to some degree.