eBook Sales Account For 12.4% of Revenues at Hachette

EBook sales accounted for 12.4% of revenue for Hachette Livre’s publishing division in the first quarter of 2013, up from 9.5% in Q1 2012.

U.S. and UK eBook sales are driving this growth. EBook sales in the U.S. represent 34% of the publisher’s trade book sales. This is up from when 30% last year. In the UK eBook sales account for 31% of Adult trade net sales, up from 24% during the same period last year.

Here is more from the press release:

Hachette Livre delivered net sales of €419M, up 7.9% over first quarter 2012, driven by ‘strong business growth’ in General Literature in France and the United States, according to Lagardère’s press release, and strong ebook sales in the U.S. and United Kingdom. In France, net sales were up significantly (General Literature up 40%) mainly due to the release of the last two installments of EL James’ Fifty Shades trilogy. In the UK and Commonwealth, sales were down slightly (-0.2%), with strong Literature sales in the UK offsetting a challenging bookseller retail environment in Australia and New Zealand.

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