Amazon.com just got company in the e-book market online.
The social publishing website, Scribd
, dubbed the YouTube for digital books, has signed a deal with publisher Simon & Schuster on Friday that includes famous authors like Ernest Hemingway, Dan Brown and horror writer Stephen King.
The deal, which was announced Friday, said the titles can bought at Scribd bd downloaded and viewed on a computer as PDFs or can be read on mobile devices such as Sony’s e-book reader, but not on Amazon's Kindle reader.
It means new revenue on the sales side and lets us experiment with various pricing models, Ellie Hirschhorn, chief digital officer at Simon & Schuster told the Wall Street Journal. They [Scribd] have a large audience, which is important to us, and they've made an effort to install anti-piracy measures.
The news comes as Google and Amazon are competing for the lead in the eBook market.
In addition to the 5,000 e-book titles, users will be able to browse through 7,000 Simon & Schuster books not currently available electronically, Ellie Hirschhorn, EVP and chief digital officer for the book publisher told paidContent.
Last month, Scribd launched an online store which allows writers and authors to set the price for their own work. According to the Wall Street Journal, two publishing houses have already signed up, including O'Reilly Media Inc., a technology publisher, and Lonely Planet, which publishes a line of travel guides. Scribd takes a 20 percent fee on the sale of each title.