Grand Sorcerer
Posts: 11,732
Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
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The headline is missing a qualifier: the *print* book industry is, in fact, entering a death spiral.
Individual players without a viable transition plan to ebooks (Hel-lo, Borders) or too tightly bound to the high overhead of the print book supply chain and its old school business practices are in fact staring at a deadly tipping point where *their* profitability is at risk.
Doesn't mean the entire industry is at risk, though.
Some will live, some will die, but most will adapt.
The sky isn't falling.
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