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Interesting, but I disagree on at least one point. That being eReaders will not have people buying more content. Before ebooks I really seldom read, much less bought, a book. I would use a library from time to time, but didn't see buying a book as a good investment. Since I have been using ebooks (several years) I buy ebooks all the time. So at least in my case the publishers are getting revenue they would not be getting without electronic publishing. When you can set at home, see a good price on an ebook, and instantly download it, something happens. That something is impulse buying.
While many folks seldom walk into a book store, once they are hooked on a website they will look and buy.
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