Suddenly, eBook Sales Are Huge

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For huge publishing house Hachette, which publishes the Twilight series among others, ebook revenue is up in a big way – about 88% year over year.

It now accounts for approximately 22% of Hatchette's revenue in the United States and 5% in the United Kingdom, according to a release by Lagardere, the big French media conglomerate that owns Hachette.

For a big publisher, ebook revenue is now over 20% of revenue. That's a huge milestone.

The question remains whether publishers will be able to survive in a digital era or whether they'll be cut out.

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