Stat of the day: $2.3m

Bloomsbury's sales of e-books in 2010, an 18-fold increase from 2009.

by Elizabeth Anderson
Last Updated: 09 Oct 2013
Bloomsbury, the company best known for publishing the Harry Potter books, has predicted e-book sales will enjoy a wizard rise in 2011, as digital devices such as the Kindle continue to catch up with sales of the traditional paperback.  

Recent sales appear to back up this theory: Bloomsbury's e-book revenues in the US grew 18-fold in 2010 compared to the previous year, soaring from $131,000 to $2.3m. It also follows Amazon’s announcement last month that e-books for its Kindle product outstripped the number of paperbacks sold in the last 3 months of 2010. Will 2011 spell the final chapter for the paperback? Unlikely - but are we witnessing the beginning of the end?

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