Friday, March 29, 2013

Print Book 'Stablization'

via Shelf Awareness

"I do think that the low-hanging fruit has been picked as it relates to digital. There's nothing on the horizon from a technology perspective that leads us to conclude that there would be technology to push dramatically different consumption levels of digital book, and prices are already very low. So all of that being said, we do think we've reached a certain stabilization point."

--Terrance G. Finley, CEO and president of Books-A-Million, asked about stabilization in the sales of printed books, in a conference call with Wall Street analysts.

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