Industry Sales Rose 3.1% in 2010; Trade E-book Sales the Big Winner | PW

“Total book publishing revenue rose 3.1% in 2010 to $27.9 billion and posted two-year growth of 5.6%, according to figures released Tuesday by BookStats, the joint AAP, BISG program developed to create a comprehensive analysis of industrywide sales. As expected, the gain was due almost entirely to increases in digital products which offset declines in all print formats. Among the major formats, e-book sales across all categories rose 38.9% in 2010, to $1.62 billion.”