What am I talking about? Book publishing, of course.
If you receive any kind of e-newspaper/magazine, you may have read that book industry is seeing a swift shift from its old (wasteful) system of distributing paperback and hardback books to one that is lean, green and much more profitable. We’re talking about eBooks. Depending upon the source, you might hear that anywhere from 50 to 75 percent of books sold and purchased in the US will be ebooks within as few as ten years. For readers, that’s great news. I’m seeing more books published, in a broader variety, thanks to lower cost (aka lower risk) to publishers. However, it may come at a dear price. The days of wandering your local Borders bookstore, inhaling the scent of freshly-printed books may soon come to an end.
If you don’t believe me, check out this article,
published by The New York Times.According to the article’s author, ebooks are now selling at a rate of 143 Kindle ebooks for every 100 hardcovers. And Kindle’s bookstore has only been open for 33 months.At this point, paperback sales still outnumber eBooks. But for how long?
By the way, for all you hardcover enthusiasts out there, this doesn’t mean hardcovers are dead…yet. Sales industry-wide increased 22% this year, according to the American Publishers Association.
Want to read the entire article? You can find it here: http://www.nytimes.com/2010/07/20/technology/20kindle.html?_r=2