Borders Reportedly to Declare Bankruptcy This Week

Blow is a link to an interesting piece about Borders. I just hope they continue selling digital books online, because I've fallen in love with my Kobo e-reader his year.

I'm actually posting about this because I find some of the statements in the post both encouraging and somewhat disconcerting. Seth Godin seemed to nail it this time with his comment about people discussing books and learning about new books through friends and in conversation, while literary agent Larry Kirshbaum still doesn't seem to get the fact that more and more people are reading digital books now than ever before, and physical distribution of print books is going to become as obsolete as video stores. The smaller titles will start to thrive as long as the online distribution is effective, and newer authors will be able to promote in ways they couldn't have imagined ten years ago.

Regardless of what I think, it's an interesting post that everyone should read.


Borders Reportedly to Declare Bankruptcy This Week