According to the alt-media conventional wisdom, when TV and radio ratings decline, major-label CD sales slump, and major-studio movie ticket sales stagnate, it’s supposed to be a hopeful omen toward the impending demise of the “dinosaurs.” But when book sales show a similar slump, we’re all supposed to get outraged n’ frightful that those rubes out there in bad ol’ mainstream America aren’t consuming what’s good for ’em.
The truth lies elswhere.
High, low, and middlebrow content throughout the mechanical (print) and analog (broadcast) media have had to make room in the public “mindspace” for these newfangled digital media (Internet, DVDs, video games, et al.). It’ll all sort out eventually, leaving some investors (of time, energy, and/or money) into various of these media prosprous and others forlorn.