Google to open e-book store

Google plans to open an online store to deliver electronic books to any device with a web browser, threatening to upset a burgeoning…

Google plans to open an online store to deliver electronic books to any device with a web browser, threatening to upset a burgeoning market for dedicated e-readers dominated by Amazon's Kindle.

The web search giant said today it would launch Google Editions in the first half of next year, initially offering about half a million e-books in partnership with publishers with whom it already cooperates where they have digital rights.

Readers will be able to buy e-books either from Google directly or from other online stores such as Amazon.com or Barnesandnoble.com. Google will host the e-books and make them searchable.

"We're not focused on a dedicated e-reader or device of any kind," Tom Turvey, Google's director of strategic partnerships, told journalists at the Frankfurt Book Fair.

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The announcement comes a week after Amazon said it would introduce the Kindle into 100 countries outside the United States, pushing its leading position in a small but fast-growing market in which its competitors include Sony's Reader.

Technology research firm Forrester expects about 3 million e-readers to be sold in the United States this year, from a previous base of about 1 million, helped by lower prices, more content and better distribution.

Top US bookseller Barnes & Noble has been reported to be planning an entry into the e-reader market to complement a large online bookstore it launched in July.

Microsoft had also been rumoured to be planning a reading device, but chief executive Steve Ballmer said last week it had no need, since it already supplied the software that runs the most popular device for electronic reading, the PC.

Google Editions will allow Google to make money for the first time out of one of its book ventures -- which also include a controversial project to scan and index tens of millions of books through partnerships with libraries.

Google will share revenue with publishers, and also with online retailers in cases where readers buy Google-hosted books through a retailer's site. It already partners with publishers to make their physical books searchable and available for sale.

Mr Turvey said Google would give publishers 63 per cent of revenues and keep 37 per cent for itself where it sold e-books directly to consumers.

In cases where e-books were bought through other online retailers, publishers would get 45 per cent and most of the remaining 55 per cent would go to the retailer, with a small share for Google, he said.

Readers will be able to access e-books they have bought through Google on any device including PCs, laptops, netbooks and smartphones like Apple's iPhone through their gmail account, Google said.

The device need not be connected in order to read the book, after it has been accessed once, and payment can be made to Google through its online payment processing system Google Checkout, which stores users' details in a personal account.

Reuters