Thursday, April 01, 2010

Electronic publishing: Books are doing fine | The Economist

A timely Economist book business reality check; read the full article 

Bookstores and publishers may be hurting, but this does not mean that the book itself is in trouble -- at least not immediately. For one, its physical incarnation will not disappear any time soon. People have grown up reading paper books and will not kick the habit easily. And e-readers and similar devices are still no match for the technology known as the book. Try annotating a textbook on a Kindle or reading your favorite author on an iPad whose battery has given up the ghost (replacing it will cost you $99 and all the data will be lost).

What is more, digital technology is strengthening, not weakening the book. Historically, new ways to distribute books have often led to innovations.

Electronic publishing: Books are doing fine | The Economist

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