US book publishers now make more money from online sales than physical stores
05 Jul 2014 • engadget.comBrick-and-mortar book stores have clearly been on the decline for a while – just look at Barnes & Noble’s rocky finances. However, there’s now some tangible evidence that the pendulum has swung in favor of internet-based sales. BookStats estimates that US publishers made more money from online orders and e-books in 2013 ($7.54 billion) than they did from old-fashioned physical retail ($7.12 billion).
Inevitable. I committed a few years ago to only purchasing e-books. So why do I feel a ting of sadness reading this?