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e-Book Lending -- the Next New Thing

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The publishing industry is experiencing an new and booming business in e-books. According to Forrester Research, consumers spent $1 billion on e-books in 2010. That number is expected to triple by 2015. In the US there were about 10 million e-readers in circulation in 2010, triple that of 2009.

The two leading players in the e-reader market are Amazon (AMZN) with its Kindle and Barnes and Noble's (BKS) Nook. With these readers a single reader can use the reader or a friend can be added as long as they know each other's email, according to the Wall Street Journal.

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e-Book Lending -- the Next New Thing originally appeared on BloggingStocks on Fri, 11 Mar 2011 14:00:00 EST. Please see our terms for use of feeds.

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