More Good News for E-Book Writers
The New York Times on Wednesday, September 19, 2012, published an article that says Scott Rudin, the film and theater producer, and Barry Diller, the chairmen of IAC/InterActiveCorp, have formed a partnership and with publishing executive, Frances Coady, and will publish e-books under a new venture called Brightline. According to the article in the NYTIMES (written by David Carr) E-books now account for more than 15 percent of publishers’ revenue, and Carr writes, “posing a challenge to the dominance of print in the long run and leaving the future of brick-and-mortar bookstores in doubt.” Fiction it seems sells best, and major publishers are saying that e-book copies sell more than print copies. The hope of all these partners in Brightline is that the new enterprise, without the legal coy costs and practices of traditional publishing , can find traction. Rudin, in the article states that he he often heard from authors . . .
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