(thequietus.com): Last month Waterstones – the UK’s pre-eminent high street bookseller – was sold to a Russian billionaire businessman for £53 million. That’s only £3 million more than Chelsea paid for Fernando Torres. The fate of Waterstones up until that point was intertwined with that of the UK music industry: its previous owners, the HMV Group, seem to be in terminal decline. The great fear was that the book chain would be reduced in number so that they would become relic destinations, great cathedrals of the printed word.
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