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Why book publishing is in trouble

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I want to talk for a minute about why publishing is in so much trouble right now. It's way more complicated than most people seem to think. First, you need to know that the vast majority of our business remains in hardcover and paperback books. Hard copies, physical objects. The second strongest sector has been audio books. E-books are a distant third. Selling books is a very long and complicated supply chain. more


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