Thanks to Lee Goldberg's great blog A Writer's Life this astonishing piece of information.
SATURDAY, SEPTEMBER 10, 2011
Ebook Sales Are Skyrocketing, Paperback books Are Plummeting
According to figures released today by the Association of American Publishers, so far this year ebook sales are up 167% while paperbacks have plunged 64% and hardcovers have dropped 25%. It's a safe prediction that the holiday season will create a sharp spike in ebook sales and an even steeper drop in paperback and hardcover sales. It won't be long now until the mass market paperback becomes virtually extinct.