Record eBook Retail Sales Set in Q1 2004
Dan Brown’s The Da Vinci Code Tops
Bestselling eBooks for May
Book Expo America, Chicago, IL – Friday, June 4, 2004 –
Among the 2,000 exhibitors at Book Expo America in Chicago this week,
publishers, retailers and technologists are celebrating a new quarterly record
for eBook retail sales. eBook units sold for the first quarter 2004 were up 46%
and eBook revenues were up 28% over the same quarter in 2003. These and other
figures charting the eBook industry are reported in the quarterly Open eBook
Forum (OeBF) eBook Statistics Report.
“This quarter eBooks have hit a new high mark for sales,”
stated Open eBook Forum President Steve Potash. “eBooks represent the fastest
growing segment of the publishing industry,” he added.
The OeBF’s eBook Bestseller list for May was also released
today with Dan Brown’s The Da Vinci Code topping the list for the third
straight month. Kevin Ryan’s Van Helsing, Dan Brown’s Angels & Demons,
The Da Vinci Code: Fact or Fiction and Ian Caldwell and Dustin Thomason’s
The Rule of Four rounded out the top 5 eBooks on the list. The top 30
bestselling eBooks for May can be found on the Open eBook Forum website at
www.openebook.org.
“In addition to terrific sales and traffic growth to our
web store, we are also seeing fast growth in new audience segments, especially
to women customers,” said Mike Violano, Vice President and General Manager of
eReader.com.
Compiled from data submitted by 24 of the world’s leading
eBook publishers and retailers, the analysis combines both quantitative and
qualitative assessments of the electronic publishing industry. Among the
study’s findings are:
Retailers:
·
Unit Sales: A total of 421,955 eBooks were sold in Q1 2004
alone, a 46% increase over the same period in 2003, during which time 288,440
units were sold.
·
Revenues: $3,233,220 in sales have been logged by retailers
in Q1 2004, a 28% increase over the same period in 2003 during which time
retailers reported $2,516,469 on sales of eBooks.
A detailed report of the full survey findings and archived
reports from 2002 and 2003 are available to OeBF Members only and companies who
contributed to the reports. Details on OeBF membership can be found at
www.openebook.org.
Publishers and retailers that contributed to the 1st
quarter 2004 survey are: eBooks.com, Elib, E-Reads, Ltd, Fictionwise.com, Inc.,
Franklin Electronic Publishers, Hard Shell Word Factory, HarperCollines,
Holzbrinck Publishers, John Wiley & Sons, Inc., Laridian, Love Kush
Publications, Mobipocket, Mushroom eBooks, Numilog, OverDrive, Inc., Palm
Digital Media, powells.com, RAND Corporation, Random House, Inc., Simon &
Schuster, The McGraw-Hill Companies, Time Warner Book Group, WORDsearch and
Zondervan.
The statistical reports released by the OeBF represent
aggregate statistics submitted by reporting companies and does not represent the
entire eBook publishing and retail industries. Participating companies that
report to the program vary quarter by quarter and the report reflects this
variability.
The OeBF collects and releases statistics quarterly. The
next report will contain statistics for Q2 2004. All companies including non-OeBF
members are welcome and encouraged to participate in the program. A registration
form is located at http://www.openebook.org/statsregistration.asp.
Members of the media who would like access to the full
report and charts should contact Nick Bogaty at 212-924-9081 or nbogaty@openebook.org
About the Open eBook Forum:
The Open eBook Forum, www.openebook.org, is an
international non-profit trade and standards organization for the electronic
publishing industry. The organization is supported by membership dues and the
generous support of Adobe Systems, Inc., Microsoft Corporation, OverDrive, Inc.
and Palm Digital Media.
An OeBF member list and membership information can be found
on the OeBF Web site at www.openebook.org.
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