Another Sign The Ebook Readers Make Business Sense

Nook Hook: Liberty Media Eyes E-Books With $1 Billion Bid for Barnes & Noble -- Epicenter

Economist 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.

Read more ....

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.

Kindle E-Book Outsells Print Versions For First Time Ever

Bestseller: The e-book is outselling text versions for the first time ever

Is It The End For The Paperback? Kindle E-Book Outsells Print Versions For First Time Ever -- the Daily Mail

Sales of digital e-books have outstripped real books for the first time, according to Amazon.

Four years after the launch of electronic novels, the firm announced it has sold 105 e-books for every 100 printed books over the past six weeks.

While e-book sales have previously outsold hardback books, never before have they exceeded sales of all books, in both hardback and paperback forms.

Read more ....

My Comment: We predicted this years ago .... but it is still a surprise to now know that this point has been reached.

E-Book Sales Now Surpass Printed Books At Amazom

Amazon Says E-Book Sales Surpass Printed Books -- New York Post/AP

Amazon.com says it’s selling more electronic books than printed books, less than four years after it started selling e-books.

Since April 1, Amazon.com Inc. says it has sold 105 e-books for every 100 printed books, including printed books for which there is no electronic edition. The comparison excludes free e-books.

Printed books include both hardcover and paperback books. Amazon said in July that e-book sales had outstripped hardcover sales.

Read more ....

My Comment: My prediction .... within 10 years print will only be about 10 - 25% of sales.