The recent trend in media has been all about the rise of electronic books and the demise of the printed book. While e-books have definitely been growing at a rapid clip year to year -- by 45% in 2012 in America -- this statistic doesn't tell the whole story. What many don't realize is that printed books actually grew revenue in 2012 worldwide by 1.3%.
Blake's not the only one arguing against the demise of printed books, either -- be sure to check out The New Yorker's James Surowiecki's recent article, too.
Blake Bos has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.