*At least for the time being. (See pie charts at end of this post.)
E-Books, Shmee-Books: Readers Return to the Stores. (The New York Times, 12/13/2011)
Excerpt: Facing economic gloom and competition from cheap e-readers, brick-and-mortar booksellers entered this holiday season with the humblest of expectations.
But the initial weeks of Christmas shopping, a boom time for the book business, have yielded surprisingly strong sales for many bookstores, which report that they have been lifted by an unusually vibrant selection; customers who seem undeterred by pricier titles; and new business from people who used to shop at Borders, the chain that went out of business this year.
Sales figures for print books for the first 9 months of 2011, however, aren't particularly reassuring. Print down 18.6%. Ebooks up 137.9%.
Print comes up short. (Publishers Weekly, 12/2/2011)
Note the growth in the orange slice of pie.