Wednesday, January 5

E-book Sales Hit New Highs

E-book versions of the top six books outsold the print versions last week. And of the top 50 (on USA Today's Bestseller List), 19 had higher e-book than print sales. It's the first time the top-50 list has had more than two titles in which the e-version outsold print.

Whether that will continue and what it means for books and bookstores — the physical kind — isn't clear. Michael Cader, founder of Publishers Lunch, a digital newsletter, says: "What's most interesting is what happens next week or over the next month. About 3 million to 5 million e-readers were activated last week. Will the people who got them keep downloading e-books, and at what rate?"

Read more at USA Today.