I’ve been thinking about the rapid move towards eBooks we’re witnessing right now and last weekend came across a pretty interesting graphic/chart by Newsweek titled:
“Does one have to win? Books vs E-Books”
Here’s a few snippets from the comparison:
- $4.05 Ave Production Cost for $26 Hardcover
- $0.50 Ave Production Cost for $9.99 eBook Download
- $3.90 Average Author Royalty per paper book
- $2.12 Average Author Royalty per eBook download
There is plenty of additional, interesting statistics. Head over to Newsweek to see the complete comparison.
I personally don’t see traditional paper books ever going away completely, but I do see a continuation of this shift towards eBooks for many purposes as the cost of eReaders continues to decline.