$18 million quarterly loss for Indigo

Indigo Books & Music has sustained an $18 million quarterly loss. This reflects continuation of the revolutionary change in the market for paper books in the past two years. The company said in a release that in the short term its retail business will be challenged. In fact, this very large corporation has suffered from the same impact that sent small South Bayview bookstores such as the Sleuth of Baker Street and The flying Dragon reeling.