Kindle, Nook and other eReaders Will Kill Books….One Day

Kindle ipad nook

A recent report from IHS iSuppli, a market research firm, found that the exponential growth of eReaders such as the Kindle, Nook will eventually lead to a significant decrease in the production of printed books.

By 2014, the report predicts that eBooks will constitute about 13 percent of U.S. book publishing revenue, more than twice its current level. However, since the profit margins on eBooks are not as high as the ones on printed books, it’s not hard to imagine why some publishers are not looking forward to this day.

To this day, some publishers are still fighting the switch to eReaders but ultimately it is to their detriment as more and more customers are buying Kindles, Nooks and other eReaders. Let us not forget that the entrance of tablets such as the iPad into the eBook arena is further compounding the issue.

Personal Take:The resistance posed by some publishers is understandable but ultimately ill-advised. Fighting progress is the sure way to fail. Embracing it and recalibrating your goals is the best way to ride the wave of change sweeping the book publishing industry.

What are your thoughts? Are printed books going the way of the Dodo? If so, is that a bad thing? Share your thoughts in the comment section below.

Print This Post Print This Post

Please make sure to read our comment policy before posting a comment.
  • Ceinwyn

    I used to bemoan the eventual demise of paper books due to e-readers. However, I bought my Kindle and love, love, love it! Never having to worry about running out of reading while out or at work, I can carry it in my purse, and I have found some great indie authors as well. I treasure my colorful paper books, but I’m a big fan of e-books too now.

  • http://www.facebook.com/mariahoverlock Mariah Overlock

    I may not personally agree with the conversion, but since working for a publishing company I’ve learned that the market must inevitably go where the people go. If the readers want ebooks, we need to give them ebooks.

  • http://www.facebook.com/people/Greg-Marcy-da-Gama/100000848812489 Greg Marcy da Gama

    If you truly want to engender comments from writers and readers about the written word’s future you might consider writing more than a dozen sentences on the topic.

  • http://www.daemonstv.com/ Sandie

    I keep saying it. I love my Kindle and while I still read actual books, mostly because not all of them are available as ebooks, I just love the convenience of ebooks.

    I think that there will be a point where the industry will have to change how it operates and probably being one of the leaders and not the laggards might help.

  • http://www.facebook.com/people/Camila-Caminha/840494182 Camila Caminha

    NOOOOOOOOOO! That just makes me want to curl into a ball and cry!