Electronic rights are the chaotic bazaar of book publishing. Here authors barter with agents, agents haggle with publishers, and publishers brawl with e-retailers. Everyone is vying for his or her claim on the best pomegranate.
This frenzy, and a barrage of media attention, has left most people involved feeling confused. So what should a writer know in a labyrinth of twisting alleys and ad-hoc product stands? Here are some key terms and general guidelines to the unstable warren of the U.S. market.