Wednesday, December 01, 2010

Google going to launch E-book venture

From the first report it looks like google going to offer a platform to buy and sell e-books. Google Editions hopes to upend the existing e-book market by offering an open, "read anywhere" model that is different from many competitors. Users will be able to buy books directly from Google or from multiple online retailers—including independent bookstores—and add them to an online library tied to a Google account. They will be able to access their Google accounts on most devices with a Web browser, including personal computers, smartphones and tablets.

"Google is going to turn every Internet space that talks about a book into a place where you can buy that book," says Dominique Raccah, publisher and owner of Sourcebooks Inc., an independent publisher based in Naperville, Ill. "The Google model is going to drive a lot of sales. We think they could get 20% of the e-book market very fast."

Read more: http://online.wsj.com/article/SB10001424052748704369304575632602305759466.html#ixzz16pyAUa6G

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