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E-book sellings are continuing to drop as younger generations spur appetite for printing | eBooks
People who are involved in hardcore book publishing can give a big laugh of alleviation as new numbers show that e-book selling is declining as the sale of hardcover book selling is increasing - and the move is fuelled by younger generation. Over 360 million copies were distributed in 2016 - an increase of 2% in a year in which British customers spent an additional 6% or 100 million on printed and e-book format products, according to the Nielsen Industrial Research Group's yearly book and customer surveys.
Whilst shop revenues rose 7% in 2016, eBooks sold down 4%. It' s the second year in a row or so that e-book sells have dropped, and only the second year that yearly e-book sells have done so since solid industries began watching a decade's sell. By 2015, the Publishers Association found that revenue from online subscriptions had dropped from 563 million in 2014 to 554 million, while book revenue had risen from 2.74 billion pounds to 2.76 billion pounds.
This bookseller also found a similar conclusion in his own account of the five largest general publishing houses in the UK - Penguin Random House, Hachette, HarperCollins, Pan Macmillan and Simon & Schuster - stating that their total e-book revenues had risen by 2. This postponement was ascribed to the blast in grown-up coloring novels and a year of high-caliber novels, among them The Girl on the Trains by Paula Hawkins and Go Set a Watchman by Harper Lee.
"The publishers' association's article says that the reader is pleased with a book that cannot be easily translated into the world of the world. Nielsen's 2016 poll, however, attributes the rise in printed advertising to literature for kids and the younger generation, who prefer physically oriented reading to e-reading. In 2013, a poll by the Voxburner Junior Research Center found that 62% of 16- to 24-year-olds chose printed publications over electronic music.
" Whereas Nielsen found that 50% of all eBooks were sold, only 4% of children's literature was digitised. Nielsen Book Research UK Research Directors Steve Bohme, who presented the dates on Monday before this year's London Book Show, said that youngsters are using the book as a rest from their equipment or soft tissue.
"As we see, a book is a breathing space, especially for youngsters who are so busy," he said. "In recent years we have seen a resurgence in printing, in part from what is really succeeding, this year it's non-fiction and children's books," he said. Whereas grown-up coloring textbooks were quite common in 2015, last year there were health food cookery and the latest Harry Potter that sold well - what Bohme called "books that translated better in printed form".
Whilst e-book sells plataued, Bohme said it was important to recall that the figures were still higher than they were five years ago, holding a 25% stake in 2016, as opposed to 26% in 2015 and 18% in 2012. All in all, the avarage e-book cost rose to £7.