A new chapter for books

Wade Roush at Technology Review:

For serious readers, products like Amazon's Kindle 2, Barnes and Noble's Nook, and Sony's Daily Edition are a godsend. It's not just that these electronic reading devices are handy portals to hundreds of thousands of trade books, textbooks, public-domain works, and best-sellers, all of which can be wirelessly downloaded at a moment's notice, and to scores of magazines and newspapers, which show up on subscribers' devices automatically.

They're also giving adventurous authors and publishers new ways to organize and market their creations. A California startup called Vook, for example, has begun to package cookbooks, workout manuals, and even novels with illustrative video clips, and it's selling these hybrids of video and text to iPhone, iPad, and iPod Touch owners through Apple's iTunes Store.

Unfortunately, you can't get away with charging hardcover prices for an e-book, which makes it hard to see how traditional publishers will profit in a future that's largely digital. As a result, book publishers are facing a painful and tumultuous time as they attempt to adapt to the emerging e-book technologies. The Kindle, the iPad, and their ilk will force upon print-centric publishers what the Internet, file sharing, and the iPod forced upon the CD-centric music conglomerates starting around 1999--namely, waves of cost cutting and a search for new business models.