The book industry received interesting news, as the latest statistics released by the Publishers Association has showed that spending on printing and digital books has rose by 4% to £3.3 billion. As it stands, ebooks currently represent 12% of the literary market, with sales jumping up to a huge £411 million.
In today’s digital age, the virtual market may seem more appealing; however the physical presence of books still holds importance in modern culture. Sales of children’s books in physical form have rose, highlighting that digital books are purely another way to access literature, far from the replacement of the physical book. The latest figures bring a boost to the book industry.
It appears that the Publishers Association regards EL James, author of the 50 Shades of Grey trilogy, as the ingredient that was needed to reboot the book industry. The trilogy raised awareness and interest of erotica as category and genre for literature, and it was the best selling ebook of 2012 according to Bookseller magazine.
Richard Mollet, Chief Executive of the Publishers Association, has spoken of how the latest figures have served to prove that the publishing industry is responding quickly to changes in the market. He regards the different types of ebooks available, ranging from audiobooks, online subscriptions and downloads, as “the key to succeeding in the digital world, having them capable of being read on any device on any platform.” Mollet has also spoken of his wish to help those who may be exceedingly challenged in the book industry, such as ‘independent book shops’ that may be aiming to compete with chains such as Waterstones and WHSmith.
Many may welcome the news of book sales increasing positively; past editions of texts may bring a classic sentiment where as when sold as an ebook. The book industry may benefit from digital ebooks and physical books working alongside one another aiming to provide people with a memorable reading experience, one that is accessible from all areas and carries the same literary sentiment in either format.
What is the importance of the physical presence of books in modern culture?