2009 had a lot to offer to the book publishing industry: It was a year in which many of the top bestsellers were the biggest money losers for their publishers whereas some of the most rumored advances(Dan Brown’s The Lost Symbol, Sarah Palin’s Going Rogue) were the most profitable . But one area that has slowly started changing dynamics of the publishing industry is the e-book industry. It was a year which saw an exponential increase in e-book sales and of course the cherry on the pie was Amazon’s announcement of more e-book sales on Christmas Day than p-book sale.
It seems 2010 will see dramatic advances in the e-book industry with analysts predicting that in the next five years half of reading will be done electronically.
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