Increase in E-Book Sales Almost Makes up For Decrease in Paperback Sales in UK

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From the Telegraph (Rising ebook sales almost make up for decline in old-fashioned paperbacks):

In a sign of how Britons’ reading habits are changing, the Publishers’ Association (PA) said that sales of electronic novels hit £70 million in 2011, up from just £16 million in 2010.

The sales increase of £54 million almost entirely made up for the £57 million decline in sales of traditional paperback novels.

Read more at Telegraph.co.uk.

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