Review: Proporta TurboCharger 5000 – External Emergency Charger Battery Pack
When the history of e-books is eventually written, Stephen R. Covey may get an entire chapter. That’s because the author of The 7 Habits of Highly Effective People and Principle-Centered Leadership has moved his e-book rights to those titles from Simon & Schuster to an exclusive arrangement with Amazon.com for its Kindle e-reader. The move, announced Tuesday by Amazon, is being watched carefully by traditional publishers. They are concerned that more popular authors could make a greater share of profits by licensing their e-book rights directly to e-publishers, rather than by going through print publishers. 50 Versus 25 Percent According to news reports, Covey will release other titles exclusively as e-books through Amazon. The deal was made with Amazon on Covey’s behalf through RosettaBooks, which has said the author will receive half of the net proceeds. Traditional publishers generally offer 25 percent of net from digital publications. In addition to the higher royalty, Amazon’s plans to heavily promote the titles were also reportedly a factor in the author’s decision. One cause for traditional publishers’ alarm — and potentially a big reason why the move could warrant its own chapter in the history books — is because digital rights are not specifically spelled out in older publishing contracts. Covey’s The 7 Habits was first published in 1989 and is a steady seller. Authors are beginning to contend that any rights not explicitly defined in a contract belong to them, while publishers are maintaining that e-rights are covered. In fact, The New York Times reported Monday that Random House sent a letter this past week to major literary agents, emphasizing that it retains the exclusive right to electronic book publishing. Although still small by most standards, the e-book market is rapidly heating up. In addition to Amazon’s industry-leading Kindle, Barnes & Noble recently released its nook e-reader. While…
Continued here: ‘7 Habits’ Deal Could Shake Up E-Book Publishing
Anti-spam word: (Required)* To prove you're a person (not a spam script), type the security word shown in the picture.
mona mccallum