Media News - Tuesday, August 07, 2012
The UK's biggest book retailer Amazon now sells more ebooks than hardbacks and paperbacks combined, the company has said. For every 100 print books sold through the site, Amazon said it sold 114 titles for its Kindle e-reader device. It added that the average Kindle owner bought up to four times more books than they did before owning the device. The strong figures have been boosted by titles such as multi-million selling erotic novel Fifty Shades of Grey. The book has sold more than 31 million copies worldwide, with two million ebooks of the title selling in less than four months. The figures do not take into account ebook sales on other platforms, such as Apple's iBooks or the website for bookseller Waterstones. Amazon's figures have also been boosted by a surge in popularity for self-publishing. The company said there had been a 400 percent increase in authors using Kindle Direct Publishing since summer 2011. Among them were some of the site's bestsellers. The figures were released as Amazon marked the two-year anniversary of the Kindle's release in the UK. (BBC News)
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