Is the Bedtime Story a Dying Art

Storytelling used to be the only way families could pass on knowledge from generation to generation.  There were no books or computers to keep track of information.  Those born in 2012 are looking at the possible extinction of the paper book in their lifetime.  E-readers are so compact and can hold so much information that they are much easier and more convenient to hold and take along.  Will this change bring back the art of the bedtime story, or further help to get rid of it?