News from BookExpo America: ebook sales up, prices too high, publishers using ebook readers internally
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The New York Times reports from BookExpo America, where publishers say ebook sales are growing exponentially:
Nearly all publishers say their sales of electronic books are growing exponentially. Carolyn K. Reidy, the chief executive of Simon & Schuster, said its sales of electronic books will more than double this year compared to last year, after growing 40 percent in 2007 from 2006. David Shanks, the chief executive of Penguin Group USA, said his company sold more electronic books in the first four months of 2008 than in all of last year.
The numbers are still small, which helps to account for the ...