Wednesday, October 21, 2009

Google Online Bookstore Fuels eReader War

Wednesday, October 21, 2009
Google revealed its intention to launch an online bookstore dubbed Google Editions sometime in early 2010. Google plans to open for business with about 500,000 available titles from a variety of publishers. The new service will provide ebooks in a browser-centric, eReader-agnostic manner that will muddy the eReader water even more than it is today.
Google Editions is entirely separate from Google Book Search, Google’s project to scan all of the books of the world and make them available online. A proposed settlement in the ongoing legal wrangling over Google Book Search was scuttled amid mounting opposition and both sides have gone back to the drawing board to come up with a workable solution.

This is a whole new offering from Google that will create an online bookstore to go head-to-head with Amazon.com and Barnes & Noble’s online presence. Preliminary details on Google Editions suggest that Google plans to share the revenue from online book sales with the publishers. Books sold directly through Google Editions would pay out 63 percent to the publisher, with Google keeping the other 37 percent.

 Read the complete article here  http://www.pcworld.com/businesscenter/article/173749/google_online_bookstore_fuels_ereader_war.html?tk=nl_dnx_h_crawl

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