Sunday, May 29, 2011

Digital 'gold rush' gains speed at BookExpo

Province: 2011 May 29

As American publishers gathered in New York last week to promote the best of what's coming in the year ahead, more and more attention was focused on the growing influence of digital publishing.

Companies at last week's BookExpo America agreed that while the book publishing industry is losing money overall, the increasing sales of e-books and e-readers are offering investors a chance to bet on the winners and losers in the future of publishing -where print books may eventually become obsolete.