Think the Printed Book Is Dead? Think Again.
The recent trend in media has been all about the rise of electronic books and the demise of the printed book. While e-books have definitely been growing at a rapid clip year to year -- by 45% in 2012 in America -- this statistic doesn't tell the whole story. What many don't realize is that printed books actually grew revenue in 2012 worldwide by 1.3%.
In the following video, Motley Fool analyst Blake Bos discusses this recent data and its ramifications for companies such as Amazon.com and Barnes & Noble, .
Blake's not the only one arguing against the demise of printed books, either -- be sure to check out The New Yorker's James Surowiecki's recent article, too.
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.
The article Think the Printed Book Is Dead? Think Again. originally appeared on Fool.com.Blake Bos has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.