Penguin eBook Sales Doubled In 2011
Publishing company Penguin released its 2011 earnings today, reporting that the sales reached almost $1.7 million, up 1% from 2010. In addition, the publisher reported that profits were up 8% from the previous year, reaching $179 million.
According to Penguin, eBook revenues doubled in the U.S. in 2011 with titles like The Help increasing its eBook sales by 5x from 2010 to 2011. In addition, last year Penguin authors Nora Roberts and Charlaine Harris each sold more than a million eBooks.
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