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Here's an related quote from today's (well in the inside of the paper) Wall Street Journal from the music world....
"Warner Music Post Unexpected Profit"
"Warner Music recorded a 23 million dollar profit compared to a 16 million dollar loss the year earlier....Revenues decreased 11%....Recorded music revenue fell 12%, while digital revenue - which now makes up 20% of total revenue - rose 18%....In November, Warner's Atlantic Records became the first major label to have US digital sales outstrip audio CD sales."
WSJ Southwest Edition, page B7
Apparently some of the music industry is starting to do what's necessary to survive. If only the book business could learn to think.....
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