When it comes to digitizing books and offering readers and writers a business model, Google has planted the wheat, harvested it, threshed it, ground it, and baked it.
Now Microsoft, Amazon, and Yahoo think they each deserve a big slice of bread. They are taking the hen to court in order to get it.
The effort, led by attorney Gary Reback, to challenge Google's deals with writers and publishers for digitizing "orphaned works" that are copyrighted but no longer published is less lawsuit than business by another name.
I'm working on a story to actually assess the state of development among big-name textbook publishers and will have more soon on that. For right now, though, it's quite clear that we have a very long ways to go. While a lack of content is a major issue, perhaps a bigger issue is the lack of standards via which the content can be disseminated. Obviously, DRM is a serious problem for textbooks. Copyright aside, though, there are currently around 30 formats in which e-books are published.
If you're Pearson, into which basket will you be throwing all of your eggs?
Frankly, there is only one that I see that makes a lot of sense right now. EPUB, developed by the International Digital Publishing Forum, is open, XML-based, and can grow as our needs increase. Even this format, though, needs traction with major publishers.