The recent trend in media has been all about the rise of electronic books and the demise of the printed book. While e-books have definitely been growing at a rapid clip year to year -- by 45% in 2012 in America -- this statistic doesn't tell the whole story. What many don't realize is that printed books actually grew revenue in 2012 worldwide by 1.3%.
In the following video, Motley Fool analyst Blake Bos discusses this recent data and its ramifications for companies such as Amazon.com (NASDAQ: AMZN ) and Barnes & Noble, (NYSE: BKS ) .
Blake's not the only one arguing against the demise of printed books, either -- be sure to check out The New Yorker's James Surowiecki's recent article, too.
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