Ebooks on the rise

I reiterate, all this reporting of the slowdown in ebook sales as some sort of talisman of doom is hogwah. Digital Book World today reported that ebooks account for 23% of trade publisher revenues from book sales in 2012. Overall ebook revenues increased 41% year-over-year. Adult nonfiction and fiction, children's and young adult and religious ebooks amounted to a $1.5 billion business last year. Remember, ebooks were hardly a blip just five years ago. And so as I blogged 3 weeks ago: Ebook "downturn" a lie.