According to a Nielsen report from the beginning of this year, ebook sales were down 16% in 2016. As a result something incredible happened, something many people thought would never happen again – print books out-sold ebooks last year!
Well, it never really left. And it isn’t so much that print is growing as it is that eBooks have just taken a hit…
You can read the Publisher’s Weekly article here for all the details. In essence, the rising prices of ebooks and waning sales of dedicated ereaders (which lead people to buy more ebooks because that is all the devices can be used for) has lead to a decline in ebook sales. The results?
It is early to tell, but it might just mean that print book lovers don’t have to worry about losing their beloved paper anytime soon; but that doesn’t necessarily mean that ebook readers should start recycling their Kindles either. As was previously blogged, an ebook reader is likely to be a print reader as well, and print readers are the ones most likely to start reading ebooks – readers are readers. It might just mean that the two formats can share the market more equally than originally anticipated, peacefully coexisting. Books, as always, point the way for the rest of us.