Ok....my take on the article. I think he puts more stock in the form of a book than will prove to be warranted. People will still flock to see their favorite author, people will still love "books".
Why on earth should "publishing" be worried about people READING BOOKS. Were paperbacks the end of books? Was the printing press the end of books? The publishers of books are going to do just fine.
The SELLERS of physical books on the other hand -- need to consider what happened to the selling of CD's.
Publishers will simply switch how they deliver their product to their ultimate consumers. They already defeated Amazon's predatory pricing scheme to dominate the market. THAT was truly a threat to the publishers.
Lee
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