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· Absolute Shockers · TECHNOLOGY

This Is Significant: JK Rowling Blows Up The eBook Industry

We had spotted multiple stats on ebooks, and had written a detailed analysis on the economics of ibookstore. We spotted a significant development today:

"So what does this mean? The whole concern over eBooks was potential device lock-in. We are worried about being tied to Amazon or Apple or what have you forever. This same thing is preventing entry or inroads by others such as Sony. The Rowling initiative breaks through all of that. It is device independent for the first time in this industry. One can only imagine the negotiations that occurred that allowed that to be possible — particularly with Amazon. Also, I can’t imagine that Amazon or Apple are getting their 30% cuts in this deal but let’s wait and see on that."

Statistics Source: Digitopoly

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