This is the first in a series of "In Case You Missed This" pieces. Each post will contain excerpts from an article having to do with writing or publishing. At the end of each post will be a link to the full article. I hope you find it interesting/useful/informative.
"Codex Group: Ebooks to Level Off at 30% of Publishing Revenues, With Caveats"
<< The question used to be when — not if — ebook revenues would comprise 50% or more of all book publishing revenues in the U.S. >>
<< ... Hildick-Smith believes that ebook revenues will top out and plateau at 30% of all book publishing revenues. >>
<< If Hildick-Smith’s prediction proves true, it could be good news for bricks-and-mortar retail booksellers, book printers and packagers and publishers.... >>
<< Physical booksellers have struggled to make money on the ebook revolution. >>
<< Book printers, packagers and distributors obviously do less business the fewer physical books that are purchased. >>
<< ... the sheer amount of dollars that a publisher is able to take in as profit from the sale of a single hardcover unit often exceeds the take on the sale of an ebook. >>
To read this story on the DBW site, go to: http://www.digitalbookworld.com/2013/codex-group-ebooks-to