Ignore the Doomsayers: The Book Industry Is Actually Adapting Well

Numbers show that the publishing industry is handling the rise of e-readers better than what folk knowledge might suggest.

The fall publishing season is in full swing. There can hardly have been a year with more luminaries atop both the fiction and nonfiction bestseller lists; J. K. Rowling, Michael Chabon, Ken Follett, Junot Diaz, among others, represent literary acclaim and commercial appeal. Diaz is having an especially good run. Stephen Colbert, Arnold Schwarzenegger, Neil Young, Bob Woodward, and Salman Rushdie are just a sampling of the nonfiction bestsellers.