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I think the wisest bookshops are going to realize now that ebooks are the way of the future and they're going to adapt and diversify. The ones that complain and try to hold on to their share of the book market without adapting are going to go the way of the Edsel.
The record companies are going through a hard time right now because everyone's going to MP3s and they're still trying to make things work the way they did thirty years ago. Booksellers need to watch and learn from that example and come up with a better way to survive.
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