More signs today that the pad may be overtaking paper as the preferred way readers get their literary fix. According to a survey by iSuppli, e-books will grow at an annual rate of more than 40 percent between 2010 and 2014. That’s a marked difference over printed books, which the survey predicts will fall five percent during the same timespan.
Traditional readers of print books may find the results “frightening,” says analyst Steve Mather. Total book revenue by U.S. publishers “will fall to $22.7 billion in 2014, down from $25 billion in 2010,” according to the survey.