bookstats
Latest
US book publishers now make more money from online sales than physical stores
Brick-and-mortar book stores have clearly been on the decline for a while -- just look at Barnes & Noble's rocky finances. However, there's now some tangible evidence that the pendulum has swung in favor of internet-based sales. BookStats estimates that US publishers made more money from online orders and e-books in 2013 ($7.54 billion) than they did from old-fashioned physical retail ($7.12 billion). While the difference isn't huge, it suggests that a large chunk of the American population is content with buying books that it hasn't seen in person.
