Overall book sales fell almost 2% in 2009 (vs 2008) to approximately $24Billion. One segment hard hit was the 5.2% decline in sales for adult paperback books.
Although the EReader only accounted for 1.3% of book sales for 2009, most industry experts feel this will grow dramatically. This could, ironically, assist printed book sales ..... short term; however, if electronic reading devises catch on, printed books could experience a dramatic decline.
Like the newspaper and stationery world, all printed products need to evaluate an alternative model. Stuff like the Ipad will continue to eat away at printed pieces.
ReplyDeleteInk on paper is in trouble. Magazines, newspapers, now books.
ReplyDeleteYep. why should books not feel the pressure from substitute media.
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