The End of the Book Business?

John Steele Gordon, The AmericanAmazon, by far the largest bookseller in the country, reported on May 19 that it is now selling more books in its electronic Kindle format than in the old paper-and-ink format. That is remarkable, considering that the Kindle has only been around for four years. E-books now account for 14 percent of all book sales in this country and are increasing far faster than overall book sales. E-book sales are up 146 percent over last year, while hardback sales increased 6 percent and paperbacks decreased 8 percent.Does this spell the doom of the physical book? Certainly not immediately, and perhaps not...

Natalie Portman Natalie Zea Natasha Bedingfield