Here's Why The Printed Book Will Probably Never Die
But as Nicholas Carr of The Wall Street Journal writes, it's looking like traditional books are going to be around for a long while, and maybe forever.
He argues that e-books are probably best suited to complement traditional reading, rather than totally replace it.
Here's the biggest reason: 59% of Americans have no interest in buying an e-book, according to 2012 survey by Bowker Market Research.
But he's also assembled a bunch of other surveys that, taken together, show how the printed book isn't on its deathbeds, yet:
- Growth in e-books sales is slowing down. E-reader sales dropped 36% in 2012, according to estimates from IHS iSuppli. (However, Carr attributes this to the shift from e-readers to tablets)
- 89% of regular book readers read at least one printed book in the last 12 months, according to a recent Pew study
- Only 30% of those regular book readers read at least one e-book
- Nearly 90% of e-book readers also read physical books, according to Pew
- The annual growth rate for e-books fell to 34% in 2012, according to the Association of American Publishers
- Readers who like literary fiction and narrative non-fiction books seem to prefer the tactile experience of a physical book
Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.
- A Google employee of 11 years says he and his wife stared at each other in 'disbelief' when they realized they'd both been laid off by the company
- A Google engineer of 8 years says his 'spidey-senses' detected incoming layoffs — and felt 'isolated' when his 'faceless' severance email arrived
- 6 signs that you're in a one-sided relationship and how to find balance
- Rajinikanth issues public notice on infringement of rights, warns legal action
- Govt likely to float global tender for HPV vaccine in April; Merck, Serum Institute may participate
- Finance Ministry to stick to privatisation of already announced CPSEs next fiscal
- 70-plus Indian startups show exit door to 21K techies, more pink slips coming
- Steps taken in subsidence-hit Joshimath inadequate, declare Himalayas eco-sensitive zone, say experts