Per the Trend, Penguins Sales are Roughly Flat as Profits Rise – Publisher’s Lunch – Michael Cader
For the full year, ebook sales “doubled on the previous year and accounted for 12 percent of Penguin revenues” worldwide, and “more than 20 percent in the US” and they “expect this percentage to increase significantly again in 2012.”
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Alongside the “fantastic” peformance at DK, Makinson said that children’s publishing “was very strong…around the world,” and is “one of the few areas of the market continuing to show very healthy trends.” In the US, Penguin USA ceo David Shanks added that their children’s group “actually sold a lot more books than they had the previous year, even without Borders” in the marketplace.