Also in this playlist...
This transcript is automatically generated
-- all right Robert first it was the record and the CD now books all going by way of the dead the way of the dinosaur traditional books were talking about here is it.
Turns out e-book sales beating heart covers.
At Amazon something of a surprising headline may -- becoming this early what does it mean for brick and mortar stores the good old fashion.
Libraries FOX & Friends anchoring tech reporter Clayton Morris is an -- -- today.
Ashley Webster for the first time in many years is visiting the libraries outside of New York Public Library I think -- book as they start us off.
Thank you is that what it is -- present very impressive building in fact that.
Sixteen million books and they come on look that up in this building being established back in 1895 so.
I feel like a little bit -- cycle is to say is this the demise of the book I don't think the printed book is going away any time soon but times they a changing let's look at some of the stats believe.
Kindle sales Amazon.com says have tripled.
Since that prices were cut from 200 nabbed 59 dollars -- -- hundred navy nine dollars that happened just late last month.
Sales of taken off Amazon also saying the -- every.
Hardcover books they sell they sell -- 143.
E-book so that is somewhat of a tipping point if you like the question is.
All books going the way of the -- so.
I don't think so print books that is the American publishers association says traditional books by the way sales of those are up this year.
Now I'm one of those that thought.
You know what I just want the good old fashioned traditional book but since I've.
Got my hands on the -- here it is very cool -- government yes so that's the thing is why we didn't think.
-- we're not surprised Clayton at the headline com's this just may be a little surprising that it came.
-- -- Well I think it's interesting because I think it comes -- two points right it's not just the Kindle as a device that actually was talking about it's a platform people forget about that I've got my Kindle books yes on the Kindle that Amazon sells but I've also got Kindle books.
On my iPad my iPhone I can read it on my head might desktop PC I can do it on my Mac.
So Kindle is now platform and I can -- 999.
For a book instead of 2499.
It's kind of a no brainer and it's not it's not surprising to see what this works if for -- -- publishing company.
-- again part of your businesses and yeah I would do it are you looking at this is -- -- yours that.
-- this like yes I mean if you look at the turn timetable and -- it takes for us a published Arco would do a lot of our car was at a Wall Street Journal best seller recently.
And is just expensive to do it but you will never be able to replace the human experience of holding -- -- -- you whether you're sitting in a park or whatever no matter.
Well we do everybody on the does everybody agree with that that's a that's a good now that's a good question -- -- Clayton definitely does and he -- I.
I -- productivity and let him -- he's got a hole do you agree that Kimberly I got the whole building does about it.
I could be out of the night they're big and I looked in my hands and not giving it -- I mean was offered a free and the new way Gilroy it was.
Yeah this was actually one of the book -- kind of yeah that's one of the books from my book club on the having Karl Rove and I have right now are solid -- -- -- -- -- -- It yet we're gonna send this in 900 pages -- highlights and Kindle very light -- you're going on vacation.
You know I think it's an easy thing to decide what you wanna bring with you on vacation a little device with its massive thing which were able to stop -- -- -- -- -- -- what do you think by the -- what -- -- -- that.
This is columns is light -- it's called what happened gone wrong to.
History the United States but if that's yeah not leading -- -- -- another day -- And I sit on it makes me a little higher yeah.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Handles -- -- -- -- enough to just hold the physical book and I wanted to go to the beats you worry about getting -- in this -- by the -- you worry about it getting -- if it starts to rain you know they have -- -- -- -- those of the types of things I'm old school I do like this but -- ration book and I couldn't take it around at the -- gets kind of build up on the on the -- of the page I like that.
But what about the economics evident in which is also interesting to me to some degree and you started talking about the -- for a moment ago that it cost you so much money to make these hardcover books.
Cheaper to make the they sell for for lower prices how's that gonna work itself out it coming your margin is our margin is considerably higher on on the -- -- themselves on top of that our time the market is ridiculous I've been happening script done go to an editing.
Whom you drop -- onto the Kindle platform.
I think when the majors since we really wanna watch for on the outside of the cost which is by what filtering trees but also -- That we're looking at -- now it's a trend but five years from now when books become -- -- -- become engaging when the book is actually changing.
To your personality I think that's when you really start to see some -- right now that core demographic -- their tangible.
Right -- Clinton would have an effect was gonna say you actually saw an update actually yesterday to the iBooks store from apple which allows audio and video inside books -- this is what the publishing world have been waiting for to have this interactivity -- this platform that you can't get with a physical book.
You've always got your phone with you you can jump on you know you're in the subway here on a bus you can always jump on this little platform and read it you don't always have that giant -- with you.
Right -- -- advocates a fair point I think the the idea of this is that these discussions always happen in the moment but if we're having in ten years down the line.
Still want that big thick book and hander buddy -- -- after.
Absolutely but that's a different -- -- different we can disagree but it laughing and actually hit -- fact that.
I think particularly happy -- and I thought he died of for the but you -- that they have there's just too much here all right guys thank.
Filter by section