E-books and cost pressures push college students away from textbooks

Wednesday, June 26, 2013

The Department of Justice and Apple are battling in court over e-book pricing, but that's not the only high-stakes brawl that's brewing in the publishing industry.

The multi-billion dollar textbook industry is also being shaken up by a slew of forces, from the publishers to tech startups, education non-profits, the government, university professors and, of course, Apple.

Textbook sales, for both higher education and K-12, will reach an estimated $13.7 billion in the U.S. this year, according to Outsell, a research firm. The overall market is expected to increase over the next few years as the student population is growing, according to Kate Worlock, an analyst at Outsell.

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