Saturday, April 18, 2009

Will books mirror the decline of newspapers?

Robert McCrum writes:

Where the parable of the New York Times should give book publishing's senior executives pause for thought is in the speed with which decline, in the shape of news-stand sales being obliterated by online browsing, has overtaken a once-confident institution and plunged it into crisis.

The internet revolution, which has brought low so many American newspapers, from Seattle to Chicago, must surely threaten conventional book publishing.

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