To Infinity and Beyond
Nick Bogaty, executive director of IDPF, says the domestic e-book market is about $15 million and is growing at 50 percent per year. Kathryn Blough, executive director of the American Publishers Association (APA), concurs e-books are a growing market.
Jim Milliot, a senior editor with Publisher's Weekly, who covers the e-book market, also says the domestic e-book market is approximately $15 million and predicts strong growth for a market that has been "an over-hyped industry for a long time. It's never lived up to its promise, but it is solidly entrenched in the publishing market as a niche."