Friday, September 25, 2015

Rumours of my death are greatly exaggerated

Book industry observers have long predicted that the ebook would eventually put the bookstore out of business, just like what happened to Borders in 2011. Ebooks have definitely caused market disruption, but it remains to be seen what their lasting impact will be. Some ebook retailers, such as Amazon, report increasing sales year on year. However, looking at the industry as a whole, the majority of book sales are still in print. The resilience of paper books over electronic also bodes well for the future of libraries.

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