Hachette Publishing Sees 30% of its Revenue Derive from eBooks
Publishing house Hachette has released new sales data that shows 30% of their US revenue now comes from eBooks. Hachette also announced that 2014 was off to a great start in the UK with revenue up 40% from the same period last year. Much of the digital success of Hachette has been due to their selection of the right eBooks.
In the UK the profits were led by Sir Alex Feguson’s autobiography, published by Hodder & Stoughton, which has become the fastest selling non-fiction book since records began. My Autobiography sold 115,547 copies in the UK last week, beating previous record holder Delia smith, whose cookbook How to Cook: Book Two (BBC Books) sold 112,000 copies in its first week in 1999.
In the US 84 eBooks from Hachette made the New York Times Bestsellers List. The most notable titles were;
- THE CUCKOO’S CALLING by Robert Galbraith (J.K. Rowling)
- THE LONGEST RIDE by Nicholas Sparks
- ALEX CROSS, RUN by James Patterson and David Ellis
- DAVID AND GOLIATH by Malcolm Gladwell
- THE HIT by David Baldacci
- THE GOLDFINCH by Donna Tartt
- I AM MALALA by Malala Yousafzai.