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Waterstone: Ebook sales in UK to decline


Tim Waterstone, founder of the British high-street bookseller, Waterstones, has predicted that sales of ebooks in the UK will soon go into decline. “Ebooks have developed a share of the market, of course they have,” he told the Oxford Literary Festival, “but every indication―certainly from America―shows that the share is in decline. The indications are that it will do exactly the same in the UK”.

Waterstone founded his bookshop chain in 1982 and sold in 1993.

I can only speak for myself. I haven’t bought a printed book for some five years and have no intention of doing so in the future. Whatever happens in the short term, I still believe that ebooks, will gradually replace the printed word. It just makes sense.