BOOKS
03/17/2011 03:10 pm ET | Updated May 25, 2011

eBook Sales Increase Nearly 116% In January, Paperback Sales Plunge Nearly 31%

In January's Association of American Publishers (AAP) report, they revealed that eBook net sales went from last year's 32.4 million dollars to 69.9 million dollars, increasing by 115.8 percent.

The report also displayed that adult mass market paperback book sales had plummeted almost 31 percent when compared to last year's sales, and hardcover books dropped by 11 percent.

Overall book sales have dropped in the past year, though not by very much. Last January, books sold 821.5 million dollars, as opposed to this January's 805.7 million dollars, resulting in a 1.9 percent decrease.

To read the full report, click here.