http://www.retail-digital.com/sectors/entertainment/amazon-sony-and-apple-spark-ereader-revolution-ebook-sales-overtake-paperbacks
With iPad 2, Kindle and Sony Readers dominating the gadget market, electronic books are outselling paperbacks in the US for the first time
The rising popularity of eReader gadgets like Apple's iPad 2, Amazon's Kindle and Sony Readers, has caused a surge in demand for digital books.
More readers are deserting traditional printed books in favour of electronic copies.
A staggering £55.2 million worth of eBooks were sold in the US in February but only £49.8 million was spent on paperbacks.
According to the Association of American Publishers, eBook sales have increased 202 percent on last year.
It is the first time that eBook sales have overtaken paperbacks and experts predict it is a trend that will soon hit the UK as eBook sales are expected to double in 2011.
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Piracy and publishing
The surge in eBook sales spells good news for the publishing industry in terms of reducing costs. An eBook is cheaper to produce as it does not need to be printed, put in a warehouse or shipped.
The surge in eBook sales spells good news for the publishing industry in terms of reducing costs. An eBook is cheaper to produce as it does not need to be printed, put in a warehouse or shipped.
However, one of the questions publishers face is how to distribute the cost between the author, retailer, customer and publisher.
Another more serious problem that publishers face is the threat of
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