That Mark Coker is one smart fellow!
8. International ebook market explodes, causing publishers to rethink territory rights restrictions – The proliferation of affordable, high-quality dedicated ereading devices, smart phones and ereading apps, and the international expansion of big US-based ebook retailers into green field markets, will power significant revenue for US authors, publishers and retailers. Large publishers will miss some of this growth due to self-inflicted territory rights restrictions, whereas indie authors and small publishers won’t face the same limitations. Publishers begin to realize geographic territory rights hinder ebook sales by limiting distribution, and will instead look to carve rights (or hold on them) language by language.
via Predictions for 2011 from Smashwords Founder – GalleyCat.