South Korea Embraces Electronic Books: Paperless by 2015

I had to read this paragraph twice to make sure I'd read it right.

... millions of books will, soon enough, be online only. And that will mean the same kind of ability to buy chapters or extracts that music-buyers have enjoyed courtesy of itunes. Bundling is all but dead - along with warehouses full of expensive, slow-moving stock, and many wholesalers and retailers. At the leading edge is, among others, a San Francisco start-up called Inkling which is offering interactive, multimedia-rich iPad versions of more than 100 textbooks by the chapter or complete book. As ever, you have to look East to see the leaps of progress and the South Korean government this month announced all its schools would be paperless by 2015 with "perennially-updated" online textbooks. And the recent snaffling by Pearson (owner of Penguin and Dorling Kindersley and academic imprints) of online operations from failed booksellers Borders and Angus & Robertson speaks errr volumes. [Emphasis mine]

From the article, Cooking the Books: Harry Potter Rushes into the new World, by Colin Morrison

Renting Electronic Textbooks

According to Inside Higher Ed, some university presses are renting textbooks as ebooks.

For example, instead of buying a paperback or e-book for $20 at the Stanford University Press website, students and scholars can pay $5 to access an e-book for 14 days, or $10 for 60 days.
....
Stanford is not alone. Academic presses at several other universities are running similar rental programs, including the presses at the University of Chicago, the University of Iowa, the University of Michigan, and Ohio University.

Links:
Link to original article at Inside Higher Ed
Link to referring article: Academic Presses push ebook rentals to spur interest in the format
Link to PassiveVoiceBlg where I learnt of this article.