Digital readers will save writers and publishing, even if they destroy the book business.
This prediction, and other points that are kinda-comforting for book lovers, can be found in this lengthy, but very worthwhile analysis at Slate‘s financial channel The Big Money.
In related news, here is a plea for revitalizing the endangered business of book reviewing. I don’t think the author seriously believes a government bailout is in the offing, but doesn’t it seem as though there’s a market opportunity for reviewing books and culture as newspapers and magazines struggle? Hmm…
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