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Friday February 22, 2019

Kindle Dominates E-Book Market, Nook on the Rise, iPad Disappoints (#nook)

BookExpo America, the publishing industry’s annual national convention held at NY’s Jacob Javits Center, concluded late last week, with Amazon’s Kindle the dominant player in the e-book market.  Barnes & Noble’s Nook surprised many people with its successes, while Apple‘s iPad was seen as an underachiever. Kindle sales are estimated to make up 60 to 65 percent of the e-book market, with Apple sales gaining only 10 percent.  David Shanks, CEO of Penguin Group, said Apple is not taking advantage of all they can offer, including not adding their e-books into their iTunes store.

The convention also focused on the future of independent and physical bookstores, which many publishers agreed will survive.  David Young, CEO of Hachette Book Group says to the Associated Press, “[Publishers] care about the all physical stores, and that includes the chains, because they’re our showrooms.  It’s a good term and one at the moment you can’t replicate online.”

Associated Press