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Living Room / Borders Goes Bankrupt - The Death of Print at Retail?
« on: February 12, 2011, 12:03 AM »
http://online.wsj.com/article/SB10001424052748704329104576138353865644420.html?mod=WSJASIA_hpp_LEFTTopWhatNews
I'm kind of ambivalent. On one hand, I feel sorry for them, and on the other, I feel that it's their own fault for not embracing ebooks earlier.
Borders Group Inc. is in the final stages of preparing a bankruptcy filing, clinching a long fall for a company with humble beginnings that helped change the way Americans buy books but failed to keep pace with the digital transformation rocking every corner of the media landscape.
I'm kind of ambivalent. On one hand, I feel sorry for them, and on the other, I feel that it's their own fault for not embracing ebooks earlier.