Kobo Acquires Aquafadas; Plans Expansion Into Magazines, Academic, Comics & Kids Books
KOBO WRITING LIFE OFFERS NEW FEATURES AND LANGUAGES
As part of Kobo’s ongoing commitment to content and self-publishing, Kobo’s self-publishing platform Kobo Writing Life, will now be available in German, French, Italian, Portuguese and Dutch, in addition to English - with several new languages planned over the coming months. Since its launch in July, Kobo Writing Life has doubled month over month, with authors publishing their work on the portal from an incredible 82 countries across the world, in 17 languages. With the acquisition of Aquafadas, Kobo will leverage features and tools from the Aquafadas Publishing platform to further enhance Kobo Writing Life.
Today, Kobo offers about 10% higher royalties on most sales than competitive platforms, between September and November 2012, Kobo is offering a further 10% royalties in a number of categories to authors who have signed up for the service. Kobo Writing Life’s simple and open pricing structure includes eight currency options ($, £, ¥, €, HK$, AUS$, CAN$, US$), which can be adjusted territory-by-territory, as well as the ability to set a book price to “FREE” at any time without restrictive exclusive agreements.
Kobo and Aquafadas will be at the Frankfurt Bookfair, please visit the Kobo Booth in Hall 8.0 at Stand G919 for more information on Kobo’s recent acquisition of Aquafadas and growth plans for self publishing and the Kobo Writing Life platform - or visit the Aquafadas Booth in Hall 8.0 Stand L973
Source: Press Release