Disclaimer: didn't watch.
When Amazon first came out, people predicted the end of the bookstore. And to a large extent, it did happen. Go into a Barnes and Noble store, and half the store is devoted to selling their version of the kindle. For a while they tried to sell themselves as a book/music store, but the physical music-retail store is pretty much dead too.
That said, independant bookstores have actually survived. These are the same places that were being put out of business by Barnes and Noble, now they're, I wouldn't say thriving, but surviving as a niche service. Amazon is an amazing website, but somehow they've failed to recreate the feel of browsing. It's actually kind of shocking, given everything else they have succesfully created.
I spend about 50 pounds a month in a local bookstore. The store usually has somewhere between five and a dozen people when I go in, most people probably only buy one book in a go. If they can avoid exorbitant rent locations, this is probably enough to get by.
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