While the news in the link below doesn’t effect the business here at Story Institute, it is an interesting sign into where the book industry is heading. With the many options for publishing and reading these days, paper book sales seem to be moving beyond the store and into the online arena. Traditional books also seem to be isolated to a few major retailers. Many of the mall stores seem to be closing or consolidating. The ebook option appears to be growing even without price cuts. The largest retailers are being more strategic in their placement of stores while competition dwindles. Many authors, popular and freshman alike, are moving to the self-publishing route. They get their story out there and reap a higher profit.
As writers, how are you handling the change in the book industry? Share you comments here.
Read the article here to find out more: Borders liquidation story