With rise in PC Tablet Era, publishers say by 2015 e-books could represent 50 per cent of their revenue.
And as novelist Stephen King says he's been ahead of the pack publishing a book online years before the Kindle took off.
Novelist Stephen King author of 'The Shining’, ‘Carrie’ and ‘Misery' was first to publish his work online. It shocked the industry and got him a lot of attention.
“I got on the cover of Time Magazine. For once in my life, I got noticed at airports by the guys who wear suits and ties. They would come up to me and say, ‘How did that work? How did that sell?’ They were fascinated by the business aspect. That was a decade ago. Today, the e-book industry is on fire,” he says.
Amazon is selling more e-books than hardcovers. Making up more than 8 per cent of publishing revenue, up from 3 per cent a year ago and on track to hit 50 per cent by 2015.
Some studies show, when people own e-book readers, like Kindles and i-Pads they buy more and read more.