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Several years ago, I saw Terry Pratchett at a science fiction convention. At the time, I didn't know Discworld from Ringworld. I picked up one of his books, and now I own all of his Discworld books. So, I think there will be other venues were authors go to promote their books even if the big box bookstores go under. Independent stores could also host authors.
Even if bookstores in general eventually go under, authors will still want to promote their books. The thing about having the paper book right there is to get them to try it right away rather than wandering off to think about it, because they might forget about it.
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