Monday, November 11, 2013

eBooks Account for 22% of Revenue at HarperCollins

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Harpercollins has just reported their latest quarterly results, which are the first ones produced since News Corp spun off their publishing division. Total eBook sales rose 30% in the quarter and accounted for 22% of revenue in the most recent period compared to 15% in the first quarter of fiscal 2013.

The big titles contributing to HC’s success was The Ocean at the End of the Lane by Neil Gaiman, The English Girl by Daniel Silva, and Divergent and Insurgent by Veronica Roth.

Overall at the company, their entire book division has seen a sharp decline. Their big bet is with new projects, such as selling eBooks directly to customers and launching their own dedicated e-Reader app for Android.

eBooks Account for 22% of Revenue at HarperCollins is a post from: E-Reader News

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