Penguin USA says eBook sales rose by more than 300 percent, and as projected; they had 10,000 titles available electronically by the end of the year. Rather than cannibalizing hardcover sales, Penguin's current inference is that low-priced eBooks are most attractive to readers who previously were primarily paperback buyers. "If we're right about that," Penguin CEO, Makinson said, then "the author is really not disadvantaged by the transition" from print to digital. What do you think of this statement? Are authors who have a hardcover book for sale losing money because of the low eBook prices? To read the full article, go to
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