With the introduction of e-readers & iPads, the book industry has taken a so-called hit and is not seeing the profits of the past. Some may have speculated this from the recent bankruptcy of Borders. But what they don't realize or factor in, is the increase in e-book purchases. Take a look at this USA Today article about the publishing industry and how its changing

http://books.usatoday.com/bookbuzz/post/2011/08/publishing-industry-doing-better-fueled-by-e-book-sales/414415/1