Thread: E-Books Are Only 6% of Printed Book Sales
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Old 09-25-2010, 10:00 AM   #26
Kali Yuga
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Quote:
Originally Posted by GA Russell View Post
It could very well be that I am an out of touch luddite, but it is my impression that mp3's and streaming video are not routine for people over 30. Am I wrong?
I don't know the demographics, so I can't say for sure who is purchasing what.

I do know, however, that CD's are 60% of music revenues, and have declined for most of the past decade. Online song downloads continue to rise.

Also, physical record/CD stores have largely disappeared from the commercial landscape. Ten years ago, there were probably a half-dozen music superstores in New York City (e.g. Tower, 2 Virgin Megastores, several Barnes & Nobles with large music sections etc), and today there are none. Zip, zero, nada. All that's left are increasingly shrinking sections in big box stores like Best Buy, and smaller specialty and used stores.

I expect books will take a similar path: paper sales will slow down (but will hang on longer than the technorati proclaim), big stores will vanish, small stores and online sales will remain, and ebooks will rise.
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