In another exciting expansion Hannibal Books and CrossHouse Publishing have begun to release their books in digital versions available through Amazon's Kindle and Barnes & Noble's Nook, as well as many other popular e-reader applications.
Throughout the past few years the digital book industry has exploded. According to the Association of American Publishers, the industry's national trade organization, growth still is occurring at an incredible rate. The AAP's report states that digital formats of books saw revenue gains of 145.7 percent in March 2011 versus March 2010.
We saw this as another fantastic opportunity for authors to reach an even broader spectrum of readers. As soon as its print version is released, every new book will be available as an e-book. Then throughout the next year we will release all previously published books in digital formats. Browse the Hannibal books and CrossHouse books currently available on Amazon's Kindle.
Recent industry reports also indicate that this growth does not mean print books are obsolete. Bowker, the global leader in bibliographic information, released its annual report that states that in 2010, traditional U.S. print titles increased output by five percent after a four-percent increase the previous year. Even more encouraging is the 169-percent increase from 2009 to 2010 in the non-traditional print sector of self-publishing and micro-niche publications.
Great opportunities abound in the publishing world. We are thrilled to be able to offer our authors and their readers greater variety along with our traditional print offerings.