Want to read more about it?
Check out this site http://www.futureofthebook.org/

The printed page is giving way to the networked screen. The Institute for the Future of the Book seeks to chronicle this shift, and impact its development in a positive direction. The Institute is a project of the Annenberg Center for Communication at the University of Southern California, and is based in Brooklyn, New York.
One major consequence of the shift to digital is the addition of graphical, audio, and video elements to the written word. More profound, however, is the book's reinvention in a networked environment. Unlike the printed book, the networked book is not bound by time or space. It is an evolving entity within an ecology of readers, authors and texts. Unlike the printed book, the networked book is never finished: it is always a work in progress.
As such, the Institute is deeply concerned with the surrounding forces that will shape the network environment and the conditions of culture: network neutrality, copyright and privacy. We believe that a free, neutral network, a progressive intellectual property system, and robust safeguards for privacy are essential conditions for an enlightened digital age.
*taken from The Future of the Book website
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