Briefly Noted | e-book sales exploded by 116% this January, totaling $69.9 million in the U.S.

Publisher’s Weekly is reporting preliminary estimates from the Association of American Publishers that e-book sales from 16 reporting companies jumped 115.8% this January, totaling $69.9 million in the U.S.

And it’s bad news for paperback book publishers. Paperbacks were down 30.9% from the reporting companies, falling to $39.0 million, $30 million below the sales of e-books. Hardcover sales fell 11.3% in January.

e-book sales exploded by 116% this January, totaling $69.9 million in the U.S..