While the improvement in the economy helped all publishers in 2010, companies where profits improved all pointed to two main contributing factors—cost controls and skyrocketing e-book sales.
Ebook sales for major houses:
- Random up 250% - 10% of sales in the U.S.
- Penguin up 182% - 6% of Penguin's worldwide
- Simon & Schuster's up 122% - 8% of revenue,
- Hachette Book Group - 10% of HBG's sales last year.