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Google to launch site for selling books online
Students and libraries could have access to more than 500,000 online books early next year

 

Primary Topic Channel:  International , Business news

 

Authors would get 63 percent of book sale profits from Google's online book store.

Google Inc. is launching a new online service that will let readers buy electronic versions of books and read them on such gadgets as cell phones, laptops, and possibly e-book devices.

Google Editions, the company said, marks its first effort to earn revenue from its ambitious Google Books scanning project, which attempts to make millions of printed books available online. Although the scanning program has faced complaints from authors and publishers over copyright, Google Editions will cover only books submitted and approved by the copyright holders when it launches next year.

The books bought through Google Editions will be accessible on any device that has a Web browser, including smart phones, netbooks, and personal computers and laptops, putting Google in competition with companies such as Amazon.com Inc., which sells the Kindle e-book reader.

Tom Turvey, head of Google Book Search's publisher partnership program, said Thursday the e-book market is evolving to allow access of books from anywhere and from any device.

Consumers can buy directly from Google or from any number of online booksellers and other retail partners using the Google Editions platform. Google will actually host the e-books and make them searchable.

"We expect the majority will go to retail partners not to Google," Turvey said at the 61st Frankfurt Book Fair. "We are a wholesaler, a book distributor."

Google will try to keep transactions simple, Turvey said, possibly by using its existing Google Checkout platform. Google will collect 55 percent of the revenue and turn a "vast majority" of that to the retailers. The rest will go to the book's publisher, who will set prices.

If the books are being sold directly to consumers by Google, it will take 37 percent and give publishers 63 percent.

Turvey expects the program will start with between 400,000 and 600,000 books in the first half of 2010.

Books bought through Google Editions will be stored on the device and be readable without a live internet connection.

Electronic books are gaining in popularity, led in part by devices such as Amazon's Kindle and Sony Corp.'s new Reader Pocket Edition.

In 2008, U.S. e-book sales totaled $113 million -- up 68 percent from 2007 but still a fraction of the estimated $24.3 billion spent on all books, according to the Association of American Publishers.

Sony's eBook Store includes more than 100,000 books, as well as a million free, public-domain books available from Google. The Kindle Store currently has more than 330,000 available titles.

The Kindle can download books only from Amazon's store, while Sony's Readers can display texts sold in the "epub" format -- an open standard supported by the International Digital Publishing Forum that numerous publishers use to make e-books.

Turvey said that Google was not focused on any particular reader or its format.

 
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