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The only trouble if publishing business is deteriorating is the probability of people losing their jobs. Otherwise, in terms of content producing it’s insignificant. Actually, the age of information is becoming the age of noise largely, therefore less but of better quality content is perhaps desired. That applies to bookshops. If some large ones go out of business then other ones, smaller but more flexible and agile will appear. Also, I think that with the expansion of internet we’ve reached a point that publishers, as the middlemen they are, are becoming less needed.
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