Description: A few years ago, the emergence of e-readers was seen as one more disruptive technology; one that seemed poised to kill the book. Well, take another look folks as the analog book is back. Sales of print books have risen somewhere between 10 % and 14 % in English speaking markets over the last three years. Calgary bookstore owner Nicola McNaughton notes the importance of the analog book as a “trophy” on young customers’ bookshelves.

Date:  December 17, 2023

Source:  cbc.ca

 Link: https://www.cbc.ca/radio/costofliving/print-books-thrive-despite-e-readers-1.7056731

Discussion points:

1) Are you and of your classmates reading books in analog these days?

2) Are you planning on giving any books as gifts at Christmas?

3) Page 5-4 of Wiley’s Financial Accounting: Tools for Business Decision-Making tell us about the length of the operating cycle of 3 Canadian companies. How long is the operating cycle of bookseller Indigo Books & Music?