The Orange View (on hiatus) Because Apple is great but it isn't perfect

29Jul/11Off

Old line publisher Penguin lagging in ebooks sales

Interesting nugget from publisher Penguin's second quarter results picked up by Robert Andrews at paidContent:

Penguin’s global e-book sales grew 128 percent over the last year to represent 14 percent of the publisher’s total revenue. Penguin’s sales growth is slower than the 160.1 percent annual growth the American Association of Publishers reported for consumer e-books for the first five months of this year.

-paidContent, July 29, 2011

Perhaps the agency pricing is sacrificing ebook sales, after all.

Posted by Aaron Pressman

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