Ebooks now 12% of sales at HarperCollins

Newscorp released their latest financial report yesterday (check your voicemail), and business has been good. NewsCorp's publishing division - which is dominated by the company's newspapers - reported sales up $225 million and segment operating income rising $74 million. Just like the previous reports, there's no specific data on each of the parts of Newscorp, but HarperCollins  did release a statement yesterday.

Ebooks now account for about 12% of US sales for this fiscal year. That's down slightly from the last quarterly report, which placed ebooks at 19% of US sales for Q3. And it's also a step down when compared to reports from Penguin and Simon & Schuster.

Of course, any figures from a recently ended quarter  are too new to be considered reliable.

NewsCorp via PL


About Nate Hoffelder (9904 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

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