Nourry predicts decline for book market

Nourry predicts decline for book market

The market for books, whether print or digital, should remain flat in the next three to five years and then decline slightly over the following decade, according to Arnaud Nourry, chairman and c.e.o. of Hachette Livre.

But the picture could be bleaker, as books are currently holding up better than all other culture and entertainment sectors, he said, in a speech to the Anglo-American Press Association in Paris on 8th September.

The market decline will come as younger generations turn from reading to other forms of entertainment that will require publishers to be innovative and creative, s...

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