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Smashwords

How do you solve a problem like Astounding?
March 18, 2014 | 7:18 pm

20140318_190042_HDRA few days ago, I recalled a short story, called Early Bird, by Theodore R. Cogswell and Theodore L. Thomas. I wanted to share that story with a couple of friends and co-writers on a shared Internet fiction setting that uses a number of the same tropes. So I went to see where I might find it. And the answer was…nowhere. Well, not completely nowhere. It was published in one single place: a 1973 anthology honoring the late John W. Campbell. I couldn’t find it online anywhere else—not for sale via Smashwords, not published in a magazine I could...

Smashwords reaches 10 billion published words
February 25, 2014 | 12:00 pm

SmashwordsSmashwords hit another milestone on Monday. The indie book distributor reached 10 billion words published through its platform. That’s a lot of words. The 10 billion words are represented by 87,000 authors and 288,000 titles on Smashwords. The 10 billion mark is nice, but what it represents is more important. Smashwords CEO and founder Mark Coker addressed some of this in his blog on Monday. It took a little more than four years for the first five billion words to get published through Smashwords. The second five billion mark happened in fewer than two years. It took some time for self-publishing to catch on,...

Why doesn’t Smashwords buy Nook?
January 13, 2014 | 4:37 pm

SmashwordsThis piece was prompted by a post on Eoin Purcell's blog, entitled "Some Thoughts on B&N's Nook Problem," and breaking down the fairly abysmal news from Barnes & Noble's Nook segment, which saw a 60.5 percent fall year-on-year at $125 million "for the nine-week holiday period," digital content sales falling 27.3 percent and devices and accessories 66.7 percent. "The big question for B&N is whether there is a profitable ebook and digital content business to be pulled from the mess of Nook," Purcell concludes. "For too long, the digital content side of the business has been a slave to the device side."...

Smashwords reviews the past year while predicting publishing trends for 2014
January 2, 2014 | 12:20 pm

Smashwords’ CEO Mark Coker takes a look at the past year and what is planned ahead. Smashwords Year In Review Smashwords continued to see growth in 2013. The site began in 2008 with just a handful of books to give writers (including him) an outlet beyond traditional publishing. Every year, the site has gotten bigger and bigger, becoming one of the most influential distribution outlets in the e-book market. In 2013, 25,000 new authors joined Smashwords bringing the total to more than 83,000 on the site. In addition, it added more than 85,000 book titles. Smashwords authors found success as well. Record revenue - Our...

Smashwords vs. Draft2Digital: My Choice and Why
December 27, 2013 | 2:10 pm

smashwords vs. draft2digitalI admit I've been lazy. I'd been meaning to sign up for an eBook distribution service for a while now, but something else always came up that seemed more important. I finally got around to it, and I thought some of you might be interested in what I found as I researched my decision of Smashwords vs. Draft2Digital. There's lively debate on various indie publishing communities about the advantages and disadvantages of each, but I wanted to do my own research, based on my main criteria, which was maximum distribution. eBook formatting options were less important since I'd already hired someone...

Scribd and Smashwords Author Compensation: Why It’s Confusing
December 27, 2013 | 10:47 am

scribd and smashwords author compensationTwo weeks ago, we covered the new Scribd/Smashwords partnership, and one of the things I noticed when I read the announcement was how complicated were the Scribd and Smashwords author compensation terms. I've already covered the first part of my interview with Andrew Weinstein, VP of Content Strategy at Scribd where he discussed piracy. When we finished that subject, I asked him about the compensation terms. You may remember that while Smashwords authors receive payment from Oyster when a reader completes 10% of the book, it's different for Scribd. The short version is that authors are paid in full when a reader completes...

Bowker Names Smashwords as the Biggest Fish in the Indie eBook Publishing Pond
November 16, 2013 | 12:50 pm

NielsenThe largest publisher of independent e-books may not surprise you. Bowker named Smashwords the largest publisher for indie e-books in its latest report “Self-Publishing in the United States, 2007-2012,” after publishing about 90,000 e-books in 2012. When it comes to e-books and printed books, Amazon’s CreateSpace comes in at number one with 131,000 published ISBN registrations, more than double than what it did in 2011 (59,000). Bowker based the data on ISBN registrations, which is handled by Bowker. More than 50 publishers were mentioned in the report. Author Solutions was another name that popped up often with divisions or imprints of the company often...

Smashwords details payment plan for authors using Oyster subscription model
October 29, 2013 | 2:30 pm

oysterIt’s been dubbed the “Spotify for ebooks,” which sounds great for booklovers. But how were authors going to benefit from Oyster, a monthly subscription for an unlimited amount of books? Smashwords recently revealed its payment terms for Oyster, and GigaOM had the info. Smashwords founder and CEO Mark Coker sent an email to authors and publishers with details: “As a Smashwords author or publisher, you’ll earn 60 percent of your book’s retail list price whenever an Oyster subscriber reads more than 10 percent of your book, starting from the beginning of the book forward. It’s an author-friendly model. That’s the same rate Smashwords...

Smashwords Releases 250,000th Indie E-Book
September 9, 2013 | 4:28 pm

One of the first posts I had ever read on TeleRead was about Smashwords. This is going back several years—the post was about Smashwords’ end of the year address. I remember the day clearly. I sat in my car, reading the post on my phone while trying to avoid going to the gym. The post discussed the growth of the company, and how indie authors had a place to upload books. This was around 2010, and I was amazed. I didn’t know much about digital self-publishing at the time, and couldn’t believe there was a site out there like Smashwords. I...

Smashwords Opens Distribution to India
August 29, 2013 | 9:14 pm

Smashword’s distribution network is growing. The company announced it reached a deal with Flipkart.com, the largest online marketplace and bookseller in India. Titles will be on the site within the next three to four weeks, Smashwords stated on its blog. “Flipkart is commonly referred to as the Amazon of India. To be fair to Flipkart, Amazon would probably kill to become the Flipkart of India someday,” Smashwords CEO Mark Coker wrote. Coker also notes that Flipkart has told him that according to Nielsen BookScan Retail Panel data, Flipkart holds 80 percent market share for online book sales in India. Flipkart offers reading apps for...

Smashwords Announces New Self-Interview Tool for Authors
August 21, 2013 | 8:20 pm

After reading a book from a new author or one I didn’t previously know much about, I tend to want to know more about that person. What other books have they written? Where did they get the idea for this particular story? What's their writing process like? These are just a few of the basic questions I tend to ask myself, and yet when it’s a self-published author I'm interested in, I don't often find the answers. Google can only do so much. Smashwords, however, has developed a new tool—it's called Smashwords Interviews—that allows the authors on its site to give readers that...

From Retailer to Distributor: An interview with Smashwords CEO Mark Coker on the indie book site’s growth
July 30, 2013 | 8:24 pm

SmashwordsSmashwords rolled out preorders for its e-books this week, giving authors a new tool to work within its distribution network. You can read more about that here from Teleread’s Joanna Cabot. When Smashwords was first created, it was a place writers could sell their e-books. But the site quickly changed from retailer to distributor, getting books onto Barnes & Noble, Kobo, Sony and Apple iBooks among a number of other outlets. TeleRead had a chance to interview Smashwords CEO Mark Coker about the company's distribution network, and the changing publishing landscape. TeleRead: When did it seem that Smashwords was becoming more of a...