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Rise of e-book readers to result in decline of book publishing business

from Global SMT & Packaging

Marking a major inflection point, the book publishing industry has entered a period of long-term decline because of the rising sales of e-book readers, new IHS iSuppli research indicates. Book revenue for U.S. publishers, including both e-books and paper books, will decrease at a compound annual growth rate of 3 percent from 2010 to 2014. more

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