The Japanese e-book and digital manga industry has experienced a 13.2% increase in sales and garnered $22 million in 2016. Meanwhile the traditional publishing industry is currently worth $6.4 billion, even though it had a very small drop of 0.7%.
The publishing industry in Japan saw a number of notable events that transpired in 2016 that might have reverberating effects in 2017. Taiyo-Sya declared bankruptcy and they were the the fifth largest distributor of books and magazines and there was a progressive shift from print manga to digital manga. The digital magazine market has also experienced a large increase in sales.
Michael Kozlowski is the Editor in Chief of Good e-Reader. He has been writing about audiobooks and e-readers for the past ten years. His articles have been picked up by major and local news sources and websites such as the CBC, CNET, Engadget, Huffington Post and the New York Times.