A long, probably somewhat boring post could be made about the complex and ever-changing relationship of the two major English publishing countries, America and Britain. I wouldn't be particularly qualified to write it, so you don't have to read that post.
I will say this: Publishing has been frustratingly slow on the draw about the internet, but then again so have most other entertainment mediums that pre-date it (music, television, movies, etc). They don't know what people are doing on it; they are kind of afraid to look because there's so much horse porn (I hate visiting bitorrent tracker sites). There seemed to be a genuine "Holy shit!" when Amazon.com nearly doubled its share in the pie chart of book sales, despite its low prices, deals, enticements with other products, and fast shipping. Last year at this time someone was telling me at the publishing institute that internet sales still weren't relevant.
As the world goes global (if that makes any sense - try not to think about it too hard), so do we. Young people aren't just getting their news on the internet, they're getting it from more than one place. My favorite page to visit after Yahoo! mail is Google News, which compiles news based on my keywords (I added sections for Tibet, Israel, and my area code) from nearly every English-speaking online news source in the world. I don't just read the New York Times - I read the Times (UK), The Sunday Times (Sri Lanka), Daily Times (Pakistan), The Times of India, The Epoch Times Ireland, and the Hindustani Times. And that's just papers with the word "times" in it. There's also Xinhua, the CCP's official news service, which is an interesting read side-by-side with Western papers on the same events.
Anyway, my long-sought-after point is that I often stumble upon book reviews for books published in the UK, not the US. When Knopf published Pico Iyer's The Open Road: The Global Journey of the Fourteenth Dalai Lama this month, and Bloomsbury did the same in England (with a better cover), the reviews in the UK papers ran side-by-side with another book, Alexander Norman's Holder of the White Lotus: The Lives of the Dalai Lama. For some reason, this book is not available in America and nobody seems to have any plans to make it available anytime in the next 6 months to a year, so I had to buy it through Amazon.co.uk. The book was not cheap - I had to wait for it to be a used copy to even be reasonable - with the exchange rate, but it was apparent that it was the only way I was going to get the book.
This isn't the first time I've resorted to Amazon.co.uk (which for some reason will not honor my Amazon gift card) to get a book that I wouldn't have known about if various internet articles hadn't led me to it. I'm not saying that this is the end of a distinction between British and American publishing as we know it, because it's not, but it's one of those posts that maybe I'll look back on someday and say "I called it" in some fashion.
I like calling things.