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Waterstones Founder Predicts the End of eBooks in the UK

waterstonesTim Waterstone, founder of the UK based bookstore chain Waterstones, has predicted the end of the eBook revolution in the UK.

In a panel on the future of publishing at the Oxford Literary Festival, Waterstone dismissed the emerging channel as overhyped.

The Telegraph has the story:

“I think you read and hear more garbage about the strength of the e-book revolution than anything else I’ve known,” Mr Waterstone told the audience in Oxford. “The e-books have developed a share of the market, of course they have, but every indication – certainly from America – shows the share is already in decline. The indications are that it will do exactly the same in the UK.”

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