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Sunday, 15 July 2012

And now the eNews

It's an interesting trend and one that not many expected, but experts are now claiming that the availability of eBooks and their portability has caused an explosion in the number of people reading. A Pew Internet survey recently concluded that, "There are four times more people reading e-books on a typical day now than was the case less than two years ago."

It seems that those that said eBooks would kill reading were pretty wide of the mark.

Project Gutenberg may have long since been surpassed by the Internet Archive and Google Books, but the granddaddy of all digitization programs is still chugging along and uploading more free ebooks. This week they announced they had uploaded number forty thousand.

Smashwords’ CEO Mark Coker updated the company blog with a stunning announcement: Smashwords has now had a stunning five billion words uploaded to the site. GoodeReader caught up with Coker this morning prior to his speaking panel at ThrillerFest in New York to learn an even more amazing figure.

Porn is profitable - The 50 Shades of Grey series is undoubtedly the most successful book franchise of 2012. The hot series continues to top Kobo’s bestseller lists worldwide, and just this week, the book series has sold an incredible 20 million copies in the US, according to AFP. Nielsen’s BookScan numbers show that in the spring, the 50 Shades of Grey series accounted for 20% of adult fiction sold in print form. In the U.S., sales have been split nearly evenly between physical and digital versions, with 9.8 million paperbacks sold through July 2, compared with 9.6 million e-books during the same period. The author is said to have made around $50 million from the book sales, while the publisher raked in over $148 million.

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