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Random House's global e-book sales are up 250% year-on-year according to chief executive Markus Dohle. In his end of year letter to staff Dohle also said that in the US this autumn for some of its lead titles nearly half of the overall first-week sales have been in the e-book format.
Dohle added that he expected this growth would continue into 2011: "With the coming proliferation of e-reading devices and e-bookstores in Germany, the UK, Spain, and Latin America, we expect digital sales increases to resound globally."
Overall, Dohle said: "We celebrate a good fiscal year for Random House worldwide despite the hurdle of ailing economies in most of our territories."
He said the group's performance reflected its "powerful publishing lineup, with megaselling titles across all our divisions through this year, especially in the fourth quarter". Dohle highlighted "the hugely successful" A Journey by Tony Blair, which set sales records upon its publication in the UK, as well as George W Bush's Decision Points in the US. He added that the group was on course to sell 14m copies in multiformats in 2010 of Stieg Larsson Millennium trilogy in the US, as well as 2m more trade paperbacks and e-books in Germany.