Saturday, May 14, 2011

UK ebook sales rise 20% to £180m

 Stephen Fry's The Fry Chronicles are published by Penguin. Photograph: Rex Features

The growing popularity of digital readers such as Amazon's Kindle and ebook titles by authors including Stephen Fry and Stieg Larsson helped boost UK sales of digital book products by 20% to £180m last year.


The Publishers Association, the trade body that represents companies that account for about 70% of the UK publishing market, said total sales – including digital products and physical books – increased by 2% year on year in 2010 to £3.1bn.


Growth in digital product sales – including ebooks, downloads and audiobooks sold direct to consumers and academic and professional sales to schools and institutions – helped cover a 3% fall in the volume of physical books.


The Publishers Association found the total value of digital sales from data supplied by members for its annual yearbook was £120m last year, 38% higher than in 2009.


However, the association claims when the figures are extrapolated for the whole UK market sales rose about 20% from £150m to £180m year on year, taking account the 30% of the industry that are not members of the Publishers Association.


"Digital publishing is growing at an impressive rate in whichever part of the sector you choose to look," said the Publishers Association chief executive, Richard Mollet.


"Academic and professional publishing, which embraced digital platforms over a decade ago, continues to lead the field. But now that technology is putting ereading devices into consumers' hands, we are starting to see the rapid growth of digital sales in this area too, as consumer publishers develop digital formats to reach wider audiences."


The figures show that about 70% or £84m of the £120m in digital sales last year by PA members came from the academic and professional sector. This was up 29% year on year.


There was a four-fold increase in the general consumer digital sales category from £4m to £16m last year. This category includes sales of ebooks, audiobooks and downloads bought by members of the public.


Within this £16m, £6m were fiction – three times the 2009 figure – £1m were non-fiction and £1m were children's books.


The remaining £8m was not broken down be category or genre. The report says about 3.4m "units" of digital products were sold to consumers, four times more than in 2009.


The average price was £4.56, up from £3.93 in 2009, and more than £1.50 higher than the equivalent physical book.


Best-selling authors of digital formats include Larsson's Millennium trilogy, James Patterson and Fry's The Fry Chronicles. Penguin, which publishes Fry and Jamie Oliver, recently said ebook revenues were up 182% year on year and account for about 6%, or £63m, of global revenues.


Overall the share of digital sales accounted for by the consumer market for ebooks and downloads rose from 2% to 11% in 2010.


Outside the general consumer market, sales of ebooks and downloads – to the likes of academic institutions – were £26m, up 62% year on year. Online subscriptions were £62m, up 25% year on year.


"The innovation in the digital marketplace ... is only possible because of the robust and flexible copyright framework which underpins the UK creative industries," said Mollett.


"Copyright ensures that authors, writers and researchers get rewarded for their talent and expertise, and that the publishers who support them see a return on their investment – particularly in their digital infrastructure."


‧?To contact the MediaGuardian news desk email editor@mediaguardian.co.uk or phone 020 3353 3857. For all other inquiries please call the main Guardian switchboard on 020 3353 2000. If you are writing a comment for publication, please mark clearly "for publication".


‧ To get the latest media news to your desktop or mobile, follow MediaGuardian on Twitter and Facebook


View the original article here

No comments:

Post a Comment