Saturday, May 28, 2011

Bloomsbury Sees E-book Sales Jump

Publisher Bloomsbury says its sales of e-books has soared as the worldwide recognition of electronic readers rises.

Its explanation came as it reported pre-tax increase is to 14 months to 28 February of 4.2m.

E-book sales were 1.5m, up from 79,000 final year, with arch senior manager Nigel Newton adage they were varying the face of the edition industry.

"Demand for digital delivery, inclusive e-books, is stepping up significantly," Mr Newton said.

"It will change the edition business model, formulating a worldwide market," he added. "The edition world is handling its own revolution."

Bloomsbury reported increase for a 14-month time as it is varying its financial year. In the 12 months to 31 December 2009 months increase were 7.1m.

Total organisation sales were 103.4m is to 14 months to February, compared with 87.2m during 2009.

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