The Day of the Author Has Arrived: Rights and Business Models for Online Books.

The article examines the factors that contribute to the growth of online books. In the traditional book industry, authors never get the authority over publishing. But with introduction of online books, authors may have the chance to get back some control. Several publishers announcing their interest indicate that online book is reaching critical mass. Books published on paper can also be digitized, which means more income for authors because most digital rights in force give them 50 percent of the publisher's proceed.