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Online Learning News and Research
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Monday, August 30, 2004
Have e-books turned a page? - David Becker, CNET News.com
After more than a decade of false starts and empty promises, publishers may finally be starting to understand what consumers want from electronic books. Although revenues remain tiny, industry surveys show encouraging signs of growth in e-book sales over the past year. Publishing executives and analysts say the industry is finally coming to grips with the most significant issues that have stalled e-book adoption to date. The Open eBook Forum trade group tallied e-book sales of $3.23 million for the first calendar quarter of 2004--a mere rounding error compared to the multibillion-dollar market for paper books. But that figure marks a 28 percent jump from a year ago, suggesting that e-books are on track to meet optimistic forecasts for the year.
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