Pearson results: Ebooks represent 12% of Penguin revenues

28 February 2012 Books+Publishing

Penguin's parent company Pearson expects revenues from its digital and services businesses 'to exceed revenues from traditional publishing businesses in 2012', according to the company's recent full-year financial report. The report shows Penguin itself experienced a decline in sales from £1.053 billion (A$1.55 billion) in 2010 to £1.045 billion (A$1.54 billion) for 2011. However,...