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BusinessWeek has a two-page article talking with Mark Coker from Smashwords, about how e-books may be migrating to “the cloud”—that is, to be hosted on remote servers and accessed at need rather than stored on your computer. (Speak of the devil.)

The article touches on some of the stories covered by TeleRead in the past—publishers delaying e-books, the multitude of new reading devices. But there are some other very interesting things here, too.

Already, many readers are using public libraries as a kind of e-book "cloud." The library e-book distributor OverDrive predicts downloads of e-books and other library content will hit 19 million in 2009 — roughly the volume for the years 2003-08 combined.

"We’ve really hit a tipping point," Coker says. "Once people try an e-book, it’s a ‘wow’ experience."

Tim Westergren, founder of Pandora, is doubtful that music will be moving to the cloud, however—even though Apple recently purchased Lala.com, a streaming-music site. People listen to the same song far more often than they reread the same book.

Coker also mentions the DRM e-babel issue surrounding books on different devices such as the Kindle, and points out that Smashwords does not use DRM.

This is a great look at the current state of the e-book industry. Interesting reading.

 
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