He's not taking much of a risk in doing this. He was probably paid handsomely by Amazon and he's already had his book in print. So the people who wanted to buy the paper version more than likely has bought it and he's changing to the digital market. With only a 1 year restriction he can test the sales, or resign with a more open contract and release paper versions again in a year.
If this was Stephen King (insert instant best selling authors), it would be ground breaking. This is just a rumble caused by a truck going down the highway, a mile away.
Maybe we will see a shift from book publishers to ebook publishers. it would work just like regular printed books except their electronic. you have ebook publishers who then sell the digital form to etailers like amazon and whatnot. as long as its not the etailers who publish it and have exclusive rights, but even that is fine as long as the different etailers/publishers have the same format for their ebooks
[citation][nom]back_by_demand[/nom]You are all idiots, this guy has sold over 15 million copies of “The 7 Habits of Highly Effective People”. Put that in context, that's more than all the copies of Charlie and the Chocolate Factory.So comparing against 2 of the highest selling authors ever, who just happen to have blockbuster Hollywood movie adaptions instead of rating him on literary appeal makes you a moron.[/citation]
I beg to differ. My boss hands those copies out to employees (who throw them away), thus it doesn't mean he's -actually- reaching an audience. Ask the majority of people if they've heard of... Say... Stephen King, Stephanie Meyers, JK Rowling, Dan Brown, etc... And guess who more people will recognize?