HarperCollins UK Expects Ebooks to Soon Account for 50% of Fiction Sales

Aug 29, 2012

Ebooks have long been accused of cannibalizing publishers' other sales. While those ebooks have started flying off the shelves (or over the internet) those same publishers have struggled to figure out how to make the new-fangled digital books profitable. Now HarperCollins UK's CEO Victoria Barnsley says that, within the next 18 months, half her company's fiction sales will come from ebooks. 

According to The Bookseller, Barnsley told the Observer that with a 250% year-over-year growth in the ebooks sector, it won't take long for digital sales to reach that half-way mark.