From the announcement:
Smashwords is again an enthusiastic sponsor this year of Read an Ebook Week, an international literary event that kicks off March 7 and runs through March 13. The event is dedicated to celebrating the joys of ebooks.
Book lovers can join in on the celebration by downloading a treasure trove of deep-discounted ebooks from Smashwords as well as the multiple other ebook retailers and personal author websites offering ebook specials.
Like last year, we’ve created a special RAEW catalog that allows Smashwords authors and publishers to enroll their books in the promotion at discount levels of 25%-off, 50%-off, and free (100%-off!). I expect we’ll offer over 1,000 deep-discounted Smashwords ebooks.

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