An anonymous reader writes "Any author deciding to write their next book in the new iBooks Author is in for quite a shock. When it comes time to publish that book Apple points out you can't sell the book anywhere else without its permission. This is noted at the time of publication, but also in the EULA.
Needless to say the content probably belongs to you under law, but the creation of said work, and the format it takes in iBooks Author remains the property of Apple. Try and sell it in that format elsewhere and Apple will block it. Sell it on iBookstore and Apple will take a cut."
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