HarperCollins UK’s Fiday Project is offering authors of certain electronic-only books “profit share” contracts “in which profits from each book are split equally between publisher and author”.    Keep an eye on this — it could foretell a future in which, shorn of printing and distrbution costs, publishers will be compelled to offer far better contracts to compete with entrepreneurial ePublishers.

Here’s the link to the story:  http://www.bookbrunch.co.uk/index.php?option=com_content&task=view&id=977&Itemid=97

Also, here’s an interesting piece about the potential for digital children’s books:  http://www.columbian.com/article/20090105/LIVING/701059994