Sales of Harry Potter ebooks and audiobooks have more than doubled over the last quarter after JK Rowling’s digital publishing arm allowed the bestselling series to be sold by major retailers such as Apple and Google.
The writer’s Pottermore company, which until recently maintained a stranglehold over digital versions of the acclaimed books, has enjoyed an upsurge in revenue in recent months, scotsman.com reported.
Sales rose by more than 100% in the final three months of 2015 compared with the previous quarter. With the firm continuing to expand its reach in the ebooks market, it is confident that it is on track for a record year in 2016.
The buoyant performance represents a turnaround for Rowling’s company after a tumultuous year. The company also cut jobs over the same period, with the average number of employees reduced from 40 to 30.
However, last October, the company struck a deal with Apple, which released all seven Harry Potter novels on the iBooks platform, the first time they have been made available outside Rowling’s site. Since then, other retail partnerships have been struck with popular e-commerce sites.
According to Pottermore’s chief executive, Susan Jurevics, the rewards of the new approach are beginning to emerge.
When Pottermore went live in 2012, it was hailed as a major change in the publishing landscape, allowing one of the world’s most popular authors to bypass the traditional model. Unlike print versions of the books, she retains all the digital rights to Harry Potter, allowing her to enjoy vastly increased profits by selling directly to her fans.
As well as its retail outlet, the site carries regular news and features about the Harry Potter universe, alongside new and previously unreleased pieces by Rowling herself.
The company said it is preparing to “unveil a number of new commercial ventures” in the first half of 2016 as it continues to invest for long-term growth.
