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June 1, 2011By Sarah Weinman

Earnings: Pan Macmillan Q1 Digital Sales at 8 Percent; Digital Spending Causes Q4 Earnings Drop for Indigo

June 1, 2011By Sarah Weinman

Pan Macmillan said digital sales for the first quarter of 2011 made up 8 percent of total revenue, and they expect that number to rise to about 10 percent for the full fiscal year. (That puts them at the high end of UK publishers disclosing ebook sales so far.) Over the same period, the publisher’s sales of print books have also shown “double-digit sales growth.” The Bookseller In contrast, in a statement timed with their annual meeting, Quarto said US ebook sales of their illustrated books are heading towards a projected 2 percent of sales. They add, “there is talk […]

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Filed Under: Booksellers, Earnings Reports, Publishers, Uncategorized

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