You know that something's up when the CEO of Barnes & Noble, Leonard Riggio, is saying this about the power of digital books:
"The store model is under pressure, whichever way you look at it."
Today's Wall Street Journal did a profile of the number one bookseller with the digital book revolution as a primary theme. Although Barnes & Noble is still dominating the bookselling industry, estimates that digital books will make up 20 to 25% of the market by the end of 2012 has companies such as this one looking into revamping the current retail model.
Riggio says that over the next three years, the Barnes & Noble retail store will become more diverse, selling a variety of merchandise and digital products.
What do you think of digital books and the direction in which literature is headed?
[image via wirededucator]