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Originally Posted by RWood
This sounds a lot like the reasons given many, many years ago for why paperback books will kill the publishing industry. Later it was the rise of chain bookstores that would kill publishing and more recently it was Internet bookstores that were to kill publishing. Any change is bad for them from their point-of-view.
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To be fair, internet bookstores and chain bookstores have put out of business a lot of independent bookstores that cannot afford to put themselves on the internet. So, while the book industry on the whole has not died off, what is dying is a lot of these independent bookstores.
An example of this is the famous (regionally famous) bookstore called Cody's in Berkeley, California, USA which has shuttered for the last time. It was locally owned for much of its life until the last few years when a Japanese firm bought it. It's now all gone.
See the article here:
http://www.sfgate.com/cgi-bin/articl...MNH711DDT0.DTL