Scribd Signs E-book Deal with Wiley
Scribd, a San Francisco-based social publishing Web site, has announced a partnership with John Wiley and Sons Inc. to market and sell thousands of e-books through its Scribd Store, which was launched earlier this year to offer professional publishers and independent writers and artists an option for selling their works. Scribd, which currently is partnered with more than 150 professional publishers, also recently signed agreements with Sterling Publishing, Chronicle Books and University of Chicago Press.
"Scribd's community of 50 million readers offers a built-in marketing machine for Wiley books. At the same time, their aggressive copyright protection technology helps to ensure that the community is sharing and discussing written works that do not infringe on the rights of authors and copyright owners," says Peter Balis, Wiley’s director of digital content sales. "At Wiley, we also believe that consumers want choice about when, where and how to read their books. Scribd is an important part of this strategy of choice."
"We're thrilled to have Wiley, a venerable brand, and so many other publishers join the Scribd community," says Trip Adler, CEO and co-founder of Scribd. "Our goal is to bring content creators and readers together in the best and most convenient way possible while giving professional publishers an additional revenue stream and control over how their content is consumed on the Web, mobile devices and other platforms."
In 2009, Scribd users have uploaded and shared more than 5 million free and for-purchase works, ranging from research papers to storyboards. According to the company, books accounted for one of the fastest-growing content categories; more than 200,000 books are published on Scribd annually at the current rate, and that number is expected to more than quadruple in 2010.
The Scribd Store service allows publishers to set their own prices and offers them a revenue-share agreement that gives sellers 80 percent of revenue. All books and other written material added to the Scribd Store automatically are added to Scribd's Copyright Management System, which is designed to prevent the upload of unauthorized content.