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One thing was certain at the London Book Fair this year: books and e-books are attracting and competing for children's and publishers' attention. While digital publishers are translating thousands of classical stories to a digital format, book publishers are experimenting with the use of new digital tools to expand their business reach.

Libraries are in rough shape these days. Long treasured as bastions of knowledge, they're being assailed on two fronts: funding cuts and technological disruption. Why borrow a book when you've got the Internet and a Kindle?But rumors of the library's demise are greatly exaggerated.