Nook Hook: Liberty Media Eyes E-Books With $1 Billion Bid for Barnes & Noble -- EpicenterEconomist Joseph Schumpeter called it “creative destruction” — the process by which technological innovation disrupts, and in many cases destroys, old business models, paving the way for new ones to emerge. It was little more than a decade ago that bibliophiles were bemoaning the loss of traditional neighborhood bookstores, crushed by big-box behemoths like Barnes & Noble and Borders.
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My Comment: This is a billion dollar gamble, but it is a good match if Liberty Media can make both the e-book and brick and motor business work together.
1 comments:
I have an e-book and this is my favorite device. If I has to have only one device, a cell phone or an e-book, I'd rather choose an e-book!
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