Google and publishers agree to sit down and make some money

New York Times: Google Settles Suit Over Book-Scanning. It’s good to see the book publishing industry come to its senses.

Now that the parties have agreed to revenue sharing from book sales and library use, it becomes even more clear that Google Books is yet another Internet mediated disintermediation. Google Books is probably the best targeted marketing vehicle for the book industry since the original Amazon, because of its reach and ease of use and its ability to make transparent the previously opaque covers of books to help us find useful content. I’ve personally found it more useful than the usual suspects (book reviews, bestseller lists) when it comes to finding useful research works; sometimes you need to read the original book to decide if it’s useful to you rather than relying on third-hand opinion.

Here’s to a win for all involved–Google, book publishers, and above all, for you and me.

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