Has the e-book bubble burst?

See on Scoop.itDaily Content Highlights

I like Nicholas Carr. His 2008 Atlantic cover story “Is Google Making Us Stupid?

 

Given all that, it’s perhaps not surprising that Carr should emerge last week with a Wall Street Journal piece arguing the e-book bubble may have burst.

“Half a decade into the e-book revolution …,” he writes, “the prognosis for traditional books is suddenly looking brighter. Hardcover books are displaying surprising resiliency. The growth in e-book sales is slowing markedly. And purchases of e-readers are actually shrinking, as consumers opt instead for multipurpose tablets. It may be that e-books, rather than replacing printed books, will ultimately serve a role more like that of audio books—a complement to traditional reading, not a substitute.”

See on www.latimes.com

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