Title: Physical books still outsell e-books — and here's why
Headings: Physical books still outsell e-books — and here’s why
Physical books still outsell e-books — and here’s why
Content: Physical books still outsell e-books — and here's why
Marketing. Media. Money
Marketing. Media. Money
Physical books still outsell e-books — and here’s why
Published Thu, Sep 19 20193:27 AM EDT Updated Thu, Sep 19 20193:34 AM EDT
Lucy Handley @lucyhandley
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Why physical books still outsell e-books
CNBC Reports
Do you prefer reading an e-book or a physical version? It might be a surprise, but for most people, old school print on paper still wins. Publishers of books in all formats made almost $26 billion in revenue last year in the U.S., with print making up $22.6 billion and e-books taking $2.04 billion, according to the Association of American Publishers’ annual report 2019. Those figures include trade and educational books, as well as fiction. While digital media has disrupted other industries such as news publishing and the music business, people still love to own physical books, according to Meryl Halls, managing director of the Booksellers’ Association in the U.K.
“I think the e-book bubble has burst somewhat, sales are flattening off, I think the physical object is very appealing. Publishers are producing incredibly gorgeous books, so the cover designs are often gorgeous, they’re beautiful objects,” she told CNBC.