Hachette eBook Sales Soar, Print Declines For Parent Lagardere
Despite a 4.8% drop in 2010 revenue for Lagardère Publishing, the parent company that owns the Hachette Book Group, eBooks grew significantly. The U.S. leads the way in digital, and Hachette Book Group saw 138% growth in eBook revenues last year.
eBooks accounted for 8% of revenues in the United States, compared to 3% in 2009, and eBooks grew more modestly in the UK, making up 1% of 2010 sales.
Lagardère Publishing’s overall 2010 revenues came to about $2.9
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