Are the E-book ‘Barbarians at the Gate’?
E-book sales continue to grow, and some in the industry anticipate an e-book era is near.
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E-books may still be only a small part of the total publishing market, but e-book sales are growing, and many expect big things for the format in the near future.
EBooks Corporation Ltd., which provides more than 70,000 e-book titles to consumers at eBooks.com, estimates that the e-book market hit $130 million in 2006, and expects it to reach $220 million this year. “Five years out, the total e-book market will be between $3 billion and $5 billion,” projects Stephen Cole, managing director of eBooks, which has partnerships with 327 publishers worldwide, including Random House, Simon & Schuster, Zondervan, Dell, Warner Books and Oxford University Press.
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