'Books are not dead'

'Books are not dead. They may appear besieged, ever more so as fragile retailers hunker down to re-examine their own business models. There may be fewer new titles published over the next several years, which would be no bad thing, and perhaps the opportunity will be open for new writers to self-publish their work in digital form. This may well deprive book publishing of a little of its vitality, but I am confident that the book business will evolve, as it has done for hundreds of years, and will occupy a considerable position as a ongoing and valued medium.'

Laurence Orbach, CEO of Quarto, in the Bookseller