Scribd and Smashwords Working to Build New Publishing/Distribution Models for Ebooks

“Last month, the ebook subscription service Scribd and Smashwords, “the world’s largest distributor of independent ebooks,” announced a two-part collaboration they hope will consolidate their position in the emerging independent ebook publishing/distribution marketplace. According to a blog post by Mark Coker, Smashwords founder and CEO, “Smashwords will supply books to Scribd’s new ebook subscription service, where for $8.99 per month subscribers can enjoy unlimited reading. Smashwords ebooks will also be available for individual sale to Scribd customers under our standard retailer terms.” (via ITI)

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