Internet, journalism, media & publishing
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Daunting Task to Revive Waterstone’s
Online book retailers Amazon and Waterstone’s have both announced that ebooks are outselling print books. Amazon ebooks for its Kindle device are selling more than all hardbacks and paperbacks combined, not including free downloads. The caveat to this news is that the figures reflect volume, not value. Many Amazon ebook bestsellers sell for US$0.99.
In other news, Waterstone’s has been sold by its embattled…
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