David vs. Goliath
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RC: What role do you think will e-books play in the industry 30 years from now?
AK: The paper book will always be a fundamental part of the industry. The growth of a $2.5 billion recorded audio business hasn't hurt the physical business. Television, cable and home videos haven't hurt the theatrical business. E-books will be their own thriving business, helping the life of the physical book. Keep in mind that e-reading incorporates newspapers, magazines, texts, professional publishing, distanced learning, manuals, corporate documents, etc. Trade books are a relatively small piece of this "ink on paper" world. The e-reading world much sooner than observers think will be the first major change in ink on paper since Gutenberg.
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