On February 12, writer and columnist Damien G. Walter published a thesis on e-book sales that caused quite a stir in the publishing community.
Walter addressed several ugly industry realities, such as consumer impulse buying with low read rates, the principle of digital abundance, the glut of low-quality self-published books and physical scarcity. But here's what Walter's post doesn't do: provide a solution for the e-book industry.
As a publishing activist and speaker, I agree that buying trends indicate the e-book industry is immature. After all, statistics show that more than 60 percent of readers still prefer print. But when 58 percent of Americans have a smartphone, 32 percent own an e-reader and 42 percent own a tablet, it's clear that digital publishing is here to stay.