The Plot Twist: E-Book Sales Slip and Print Is Far From Dead
http://www.nytimes.com/2015/09/23/business/media/the-plot-twist-e-book-sales-slip-and-print-is-far-from-dead.html?partner=rss&emc=rss
Now, there are signs that some e-book adopters are
returning to print, or becoming hybrid readers, who juggle
devices and paper. E-book sales fell by 10 percent in the first
five months of this year, according to the Association of
American Publishers, which collects data from nearly 1,200
publishers. Digital books accounted last year for around 20
percent of the market, roughly the same as they did a few years
ago. E-books' declining popularity may signal that publishing,
while not immune to technological upheaval, will weather the
tidal wave of digital technology better than other forms of
media, like music and television. E-book subscription services,
modeled on companies like Netflix and Pandora, have struggled to
convert book lovers into digital binge readers, and some have
shut down. Sales of dedicated e-reading devices have plunged as
consumers migrated to tablets and smartphones. And according to
some surveys, young readers who are digital natives still prefer
reading on paper.
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--Lauren--
Lauren Weinstein ([email protected]): http://www.vortex.com/lauren
Founder:
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