Penguin Sees Major e-Book Sales Spike

Penguin has reported that e-book sales from the first four months of 2008 have surpassed the house’s total e-book sales for all of last year. According to the publisher, the spike is “more than five times the overall growth in sales, year-on-year, through April 2008.” Penguin Group CEO David Shanks said he attributed the jump, in large part, to the growing popularity of e-book readers.

Full story at Publisher’s Weekly