
The publishing industry is in the midst of a massive decline, with sales of physical books dropping year after year, and Borders, the second-largest bookstore chain in the US, closing its doors last summer. The rise of ebooks — and Amazon’s Kindle, in particular — has been a major contributing factor, but it’s the maker of a popular e-reader that publishers are now pinning their hopes on: Barnes & Noble. In a profile on the company’s CEOWIlliam Lynch, the New York Times examines the dynamic currently in play between traditional publishing houses and the retailer. It all comes down to bookstores: publishers view the experience of browsing in a physical location as vital to their future success, and B&N is one of the last majorUS…
http://www.theverge.com/2012/1/29/2755207/publishing-industry-barnes-noble-amazon
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