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via readwriteweb.com:
excerpt:
"...Self-Publishing's Defining Moment
The books will be available exclusively through the Pottermore site, meaning that Rowling is self-e-publishing the novels. While self-publishing is, of course, nothing new, digital publishing and digital readership has helped self-publishing become more popular and, for authors, more lucrative. As we reported earlier this week, Amazon recently announced that self-published author John Locke had joined its "Kindle Million Club" after selling over one million copies of his e-books on the Kindle platform.
But Rowling's decision here isn't just another mark of legitimacy for self-publishing, nor is it simply yet another blow to the traditional publishing industry - although no doubt, both of those are true. Rowling's announcement has several other ramifications here for the publishing industry.
DRM-Free Content
Digital rights management (DRM) technology is often placed on digital content, so the argument goes, to help prevent piracy. And indeed, the Harry Potter series may already be among the most pirated books in history, no doubt because of fans' desire to read the books in a digital format. But rather than viewing that desire with suspicion about sharing, Rowling is trusting they'll do the right thing. The Harry Potter e-books will reportedly be DRM-free, although they will be digitally watermarked with purchasers' information.
Wired calls this the publishing industry's "Radiohead moment" and likens this to the band's release of its albums on its own site. "The crucial parallel between Radiohead and Rowling is the fact that they both put their faith in the fans rather than any intermediary. For Radiohead, this meant self-releasing their album In Rainbows after the end of their contract with EMI with an honesty-box pricing strategy."....
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