The future of books

Resource Talk, Sola Panel

These are troubling times in the book business. As I sit down to write this month’s Resource Talk, the dust is still settling after the financial collapse of the owner of two of Australia’s largest bookselling chains. The management is blaming a mix of factors: the high Australian dollar, the rise of online retailĀ­ing (whereby customers can buy books cheaper and tax-free from overseas), the heavy discounting tactics of department stores, the global financial crisis, and the rise of the ebook.

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