Amazon's Kindle and the future of publishing

To those who view the Amazon's digital reader device the Kindle as a plague sweeping through the book world, the publishing industry would like you to know it isn't dead yet.

In fact, Amazon CEO Jeff Bezos claims that the reader who buys a Kindle continues to buy as many paper books as ever, in addition to purchasing one-and-a-half times that many in electronic format. And for newspapers such as the New York Times, the Kindle may be the only viable format at present for delivering revenue-producing electronic subscriptions.