It may be an opinion piece, but it’s interesting how the writer, in terms of ebooks on the decline, references the American Association Of Publishers.
I mean, the writer does reference them, but did you look at
the link he gave to what he was referencing, tomswift2002? The link does give the specific numbers, by the way, JD:
eBooks: Publisher revenue and unit sales for eBooks declined for the third year in a row, losing about $1 billion since their peak in 2013 when revenues were $3.24 billion. In 2016, publisher revenues for eBooks were $2.26 billion, down 16.9% from 2015. Unit sales also declined by 14.7%, with eBooks now making up 14.0% of the trade book market, down from 16.9% last year. Within the Adult fiction book category, eBooks are the most purchased format with 33.0% of the market.
They're declining, but they're still a huge part of the market. We're beyond the "EBOOKS ARE GOING TO REPLACE PRINT" peak we were seeing about 4 years ago, sure, but it isn't like they're
dying. They're still the largest segment of the Adult fiction category, and they still make up 14% of the trade book market as a whole.
And the loss
probably isn't a migration back to print. By that same article, the overall number of units sold increased by 2.8% between 2015 and 2016. The number of print books sold increased by about
3.2% in that same timespan (not spelled out explicitly, but it went from 1,836.7 M to 1,897.1 M by the presented chart). That's nearly the exact same proportion, which suggests that the increase was almost entirely because of the increase in number of units sold as a whole. But do you know what
surged between 2015 and 2016? Audiobooks, which increased in number of units sold by
24.7% between 2015 and 2016, and which has seen the number of units sold
double since 2012.
By the evidence, the decline in the market share of eBooks isn't because people are realizing the true glory of print. It's that people are getting
more interested in audiobooks.