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Ebooks and accelerated change in bookselling - Venture Insights

Report Overview

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Ebooks and accelerated change in bookselling

PublisherEnders Analysis.
Publish Date May 22, 2011
Sector Fixed Line (Internet and Voice), Mobile and Wireless Technology, Technology.
Company Apple.

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Amazon now sells more ebooks than print books on Amazon.com, while overall US ebook sales were 15.6% of the consumer market in March, up 142% from last year. Meanwhile, for some publishers over half of book sales are now through companies that are not book sellers

Waterstone’s has been bought by a Russian investor for £53m, with James Daunt parachuted in to take it back to its roots in bookselling, while in the USA John Malone has bid for Barnes & Noble valuing it at $1.45bn

As book buying moves away from bookshops and away from print, both retailers and publishers will need to rethink both their scale and the way that they engage with readers. Beautiful shops and beautiful apps are probably an insufficient response