“That bookstore—your corner bookstore, the one with real character and worn wooden floors, the one where everybody knows your name—if it is still there, has been barely breaking even for the past twenty years and more. Overall sales of printed books have actually risen modestly over the past four or five years. But you-know-who is scarfing up more and more of the pie. Amazon is now responsible for the sale of north of 40 percent of all new printed books sold in the United States. Amazon sells about two thirds of all books sold online. Amazon has about 350 million customers worldwide, of which an estimated 90 million are Prime members.”
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