The death of the book is e-fiction

As digital publishing sees book prices fall, author profit ratios are rising and books becoming more like joint ventures than risk management exercises. In fact, publishing is improving as a business.

One thing the digital revolution has not done is kill off the book. In fact, I think we can conclude now that, if anything, it is leading to the book’s rebirth.

E-reader and tablet sales are booming, with another big Christmas for them just past, and it looks like e-books now take about 10 per cent of total book sales, rising fast.

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