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The first problem that appears with a market characterized by abundance is that it will come up against competition against other markets that it didn't compete against earlier. These markets on the other hand are characterized by scarcity, hence their perceived value is higher.
Think of the Old Wireless. Classic scarcity. One or two stations broadcasting a few hours at night. The whole family gathered around the speaker, marvelling at the sound emenating. Fast forward to today. Radios are everywhere, in your phone, alarm clock, kitchen clock, car, ear protectors and whatnot. Literally thousands and thousands of stations available, some via satelite or internet. Extremely segmented, very few all purpose radio stations left. Talk shows, politically from extreme expressions of conservative, liberal, socialist (outside US at least), libertarian etc.
Look for something similar do develop in the book market. What took 100 years for radio will likely happen in less than 30 for books.
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