Quote:
Originally Posted by Solicitous
But by the same token would we not have seen a similar scenario when digital music was introduced? People are buying single songs or individual albums on iTunes, as well as still going and buying full CD compilations from shops. 99c per song makes a CD worth about $12. Here in Aus the average CD price for new CDs is about $24. I haven't seen any CD stores close down because of digital music.
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Most have closed down. In the San Francisco area, the largest and oldest Tower Records went away a many years ago. All of the speciality record/CD stores are gone. Only the few mass merchandisers are still there because they don't have to live on the proceeds from music-only.
If the same applies and logically it should, most of the small, independent book stores will go away. Maybe some of the specialty, used-book stores will get by for awhile. But only a a few of the largest may survive.