In the competition between corporations over electronic media distribution over tablets, smartphones, and other electronic devices--a new system is in to compete with the dominant player: Apple. It appears that Google is offering a new payment/distribution service for publishers wanting to get their media onto tablets and smartphones. It's called Google One Pass.
The main difference between Google One Pass and the Apple iTunes App Store is that Google One Pass takes 10% of their revenue from the sale while Apple iTunes App Store takes ~30% of the revenue from the sale. I for one am glad to see Google stepping it up to compete against such a big controller of the market for tablet PCs and smartphones.
And with Borders filing for Chapter 11 bankruptcy just today, it looks like the competition is only going to heat up among electronic distribution in the coming years. Electronic-only publications like "The Daily" which introduced itself on the Apple iPad recently are also gaining popularity among consumers. If Google is able to gain a strong percentage with publishers, then the market will only become more heated up--since Google has its own Android platform to compete with Apple's proprietary Apple iPhone platform (iOS).
Looking forward to seeing how this one turns out in the long run.