Random House has hit the landmark of two million e-books sold in the UK, with other leading publishers reporting a first quarter “explosion” in digital sales.
E-books currently account for 8% of RH’s overall sales, with Lee Child, James Patterson and Jo Nesbø its biggest-selling authors in e-books. The publisher is now selling e-books at a rate 10 times greater than at the same point in 2010.
The post-Christmas eBook device explosion leaves a footprint.
These are first-quarter sales, which should now reflect the fact that Random House was using the Agency price-fixing model.
That’s when The Girl With the Dragoon Tattoo went from around $5.00 to $7.00. And all their other books went up too.
I protested this. I wonder if others did too.
So my question to Random is: Had you not increased prices, might you have been looking at even bigger sales?