Indie Bee Covers

May 1

Ebook sales have doubled at Penguin over the first three months of 2011. Parent company Pearson Plc released a trading report which stated:

Penguin continues to benefit from consistently strong publishing and a leading position in digital reading, with ebook sales doubling in the first quarter compared to the same period in 2010. After a particularly strong 2010, we expect Penguin to perform in line with the overall consumer publishing industry this year, while we continue to adapt the business to significant industry change driven by the growth of both digital sales channels and digital books and by the resulting pressures on physical bookstores.