
This is the first Waterstone's bookshop at 99-101 Old Brompton Road in South Kensington, London. It was founded by Tim Waterstone in 1982 with the redundancy money he received when he was sacked by W.H.Smith. The chain has developed extraordinarily to become Britain's largest bookseller and Tim tells some of the story in his book Swimming against the Stream.
Yesterday evening Waterstone's and its current owners HMV threw a fabulous party to celebrate 25 years of bookselling and to honour our top authors of the last quarter century and the twenty five for the next quarter century. I was delighted that Macmillan scored a 12% 'market share' of the future with Emily Gravett, Charlotte Mendelson and C.J.Sansom being selected. For more on the list follow this link.
Who knows what the next twenty-five years of retail bookselling will bring (as evidenced by the debate on this blog) but Bill Gates seems to think he knows:
"Reading is going to go completely online. We believe that as we get the smaller form factor, the screen has gotten good enough. Why is reading online better? It's up to date, you can navigate, you can follow links. The ads in the online reading are completely targeted as opposed to just being run-of-print, where many of the readers will find them completely irrelevant. The ads can be in new and richer formats. In fact the only drawbacks of the digital form are the things associated with the device: how big is it, heavy is it, how many hours of power does it have, how much do I have to spend to buy it? But those are things that once you achieve that threshold, in terms of the convenience and the cost, then you see a dramatic change in behavior. Today, for people who read newspapers and magazines, even the most avid PC user probably still does quite a bit of reading on print. As the device moves down in size and simplicity, that will change, and so somewhere in the next five-year period we'll hit that transition point, and things will be even more dramatic than they are today."
So now we know.
Today sees the beginning of Summer in England. It is grey, rather damp and not very warm but it is also the first day of the first cricket Test Match of the season and England take on West Indies at Lord's Cricket Ground.
The other event to take place today will be the announcement of Gordon Brown as Britain's next Prime Minister. I am no political expert but it does seem surprising that someone can take over the leadership of a country (the mother of parliamentary democracy I believe) without a ballot of the people, the parliament or even his own political party. I have nothing against Brown but I hope his self-appointment doesn't encourage any other country to impose democracy on us by invading what is a country with a huge armoury of weapons of mass destruction, a danger of splitting (Scottish Nationalists now govern in Edinburgh), a strong breeding ground for militant Islam, strategically placed geographically and with extraordinarily valuable assets - and an unelected leadership.