The E-book Opportunity
Have lower-priced
e-readers and the
introduction of the iPad forever ‘tipped’
the e-book market?
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While there are still kinks to be worked out—among them format standardization, reform of a licensing system, Stephenson says, which is regionally-based and "not designed for the Internet," and tax and legal issues accompanying new distribution models (such as whether the agency model is anti-competitive, as Connecticut Attorney General Richard Blumenthal recently contended)—sales numbers seem to indicate the e-book market has fully come of age.
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Jim Sturdivant
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