According to a short item in The Week (6/17/05), more than one out of three hardcover books are returned by bookstores to the publishers unsold each year.
And an article in BtoB (6/13/05) reports that after 2006, Thomas Publishing will cease publishing the print edition of its industrial buying directory, Thomas Register, making it available online only.
?Quicker than we probably think, print will be replaced by the online delivery system as the primary source of content,? says consultant Malcolm Netburn in an interview with Circulation Management (6/05).
If you are an author, a bibliophile, and a lover of the printed word — like me — this can?t be happy news to you.
Or can it? Do you see any bright side ? or is it the continuation of the slow death of the book publishing industry as we know it?