Scribd, a social publishing site that helps writers get published, has already inked partnership deals with many major publishers such as Random House and Simon & Schuster. Now, they have inked a deal with independent publisher: Author Solutions (aka Author House). This deal allows authors to sell their books on the Scribd site and with higher royalty fees...50% for each sale. Interesting!
Robin Wauters of TechCrunch (techcrunch.com) describes the details thusly:
Independent book publisher Author Solutions today announced a distribution deal with social publishing startup Scribd. Under the terms of said agreement, all new ASI titles published through the AuthorHouse, iUniverse, Trafford Publishing, and Xlibris will be made available for purchase through the Scribd website.
In addition, a portion of its backlist of more than 120,000 titles will be put up for sale on Scribd, although there was no indication of exactly how many books that represents.
In March 2009, Scribd had already scored partnerships with a number of major publishers, including Random House, Simon & Schuster, Workman Publishing Co., Berrett-Koehler, Thomas Nelson, and Manning Publications. And all that content is attracting a lot of users too, apparently.
In a statement, Author Solutions says the Scribd portal currently attracts over 50 million users per month, and that the startup’s platform will help authors make more money from book sales because it brings higher royalty percentages than are possible with traditional paper-and-ink books. In its promotion video, which I embedded below, Author Solutions says it has helped some 85,000 authors get their books published to date.
Under terms of the agreement with Scribds, authors will receive 50 percent of the net sales of their titles through the startup’s social platform. A default price of $9.99 will be set for each title, but authors will have the opportunity to set their own prices.
Distribution to Scribd will be included as a free service for all new ASI titles.
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