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Posted Saturday, June 25, 2011

Ebooks Gaining Market Share

Published on OneNewsNow.com


"According to a new study from the Book Industry Study Group, a quarter of respondents have transitioned to using digital devices to read their favorite books or periodicals, bringing the U.S. adoption rate for ebooks to about 25 percent.

The Association of American Publishers reports that electronic books are the fastest-growing segment of the book-publishing industry. For the first two months of 2011, the use of ebooks grew 169 percent since a year ago.

Mark Coker is founder & CEO of Smashwords, a large distributor and publisher of independent ebook authors. He says electronic books now claim about ten percent of the total book market."

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