Electronic books and newspapers: An iTunes moment?

The growing popularity of electronic books could offer hope for newspapersThings are suddenly hotting up in the rather obscure field of electronic books and their associated reading devices, the best known of which is Amazon’s Kindle. A new, sleeker version of the Kindle was unveiled on February 9th. Just days earlier, Google said it was making 1.5m free e-books available in a format suitable for smart-phones, such as Apple’s iPhone and handsets powered by Google’s Android software. Amazon said it was working to make e-books available on smart-phones as well as the Kindle. Plastic Logic, the maker of a forthcoming e-reader device, said it had struck distribution deals with several magazines and newspapers. The iPhone, meanwhile, has quietly become the most widely used e-book reader: more people have downloaded e-book software (such as Stanza, eReader and Classics) for iPhones than have bought Kindles. Might e-books be approaching the moment of take-off, akin to Apple’s launch of the iTunes store in 2003, which created a new market for legal music downloads?
http://www.economist.com/opinion/displaystory.cfm?story_id=13109596

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