Link to Kafka's February 9 Media Memo post, "Kindle 2.0 Arrives — Just 9 Years After The First e-Books".Excerpt:
Whether Amazon’s Kindle is a big hit or a modest one, we’re probably going to have to wait some time before digital books are a mainstream reality.
These digital revolutions always take longer than they should — just ask the music business, which sells a product that is already delivered in digital form, yet derives just 20% of its revenue from digital products — a full nine years after the original Napster. Don’t plan on ripping down your bookshelves just yet.
Evolution, not revolution.....in so many words.
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