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August 18, 2011 03:28 am GMT
"The golden era of books is over." So begins Jeff Bercovici's post on Fortune.com before he -- somewhat self-contrapuntally -- goes on to list the top earning authors of the previous year, including James Patterson ($84 million), Danielle Steel ($35 million) and Stephen King ($28 million).In fact, compelling as Bercovici's woe-is-books lede is, the stat he uses to back it up - that sales of adult hardcover books are down 23% - is somewhat, well, silly. For reasons I've explained before, measuring the state of "books" based on the number of hardcover sales is like measuring the popularity of "music" based on how many people are buying cassettes.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6bdks1He-Eg/
The Golden Era Of Books Isn't Over. The Golden Era Of Books Is Now
"The golden era of books is over." So begins Jeff Bercovici's post on Fortune.com before he -- somewhat self-contrapuntally -- goes on to list the top earning authors of the previous year, including James Patterson ($84 million), Danielle Steel ($35 million) and Stephen King ($28 million).In fact, compelling as Bercovici's woe-is-books lede is, the stat he uses to back it up - that sales of adult hardcover books are down 23% - is somewhat, well, silly. For reasons I've explained before, measuring the state of "books" based on the number of hardcover sales is like measuring the popularity of "music" based on how many people are buying cassettes. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6bdks1He-Eg/
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