20 January 2020
As the last decade concluded, book publishers breathed a sigh of relief. The 2010s were characterized by a series of Amazon-related shock waves-the growing power of the retail behemoth, the rise of e-books, a related Department of Justice antitrust lawsuit, and the decimation of bookstores both large and small. But publishers had survived. Once viewed as competitors to physical books, e-books and audiobooks were now considered just two formats among many. Indie bookstores saw a dramatic rebirth during the decade's final years, while Barnes & Noble appeared to be in the early stages of a resurgence.