When I left Bookninja back in 2011/12, talking about the future of the printed book was a regular thing (how many “The Death of ______” articles did we post in a given week? Probably 666.) Anyway, new data shows the printed book still outsells the e-book. So, NYAH NYAH, Future. You suck. (Yes, I realize part of the the general hypothesis is that people like to decorate with them, but I’ll take it!)
Publishers of books in all formats made almost $26 billion in revenue last year in the U.S., with print making up $22.6 billion and e-books taking $2.04 billion, according to the Association of American Publishers’ annual report 2019. Those figures include trade and educational books, as well as fiction.
While digital media has disrupted other industries such as news publishing and the music business, people still love to own physical books, according to Meryl Halls, managing director of the Booksellers’ Association in the U.K.