Rejecting internal analyses of the end of literature like the one by William Marx, the article argues that in order to assess the current position of literature an external scope is paramount. The book market seems to be the proper context to analyze the phenomenon literature. On the basis of recent research on literary institutions and using the latest data concerning trends in the book market, it is shown that the selling of books in the Netherlands have decreased significantly, and, moreover, that the function and use of literature in the age of new media has changed considerably. Yet, allegations vis-à-vis the market having marginalized literature and the predominance of a media-driven mass culture can easily lead to unfounded presentis...