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Curious about this method

by byalik
1 replies
Just read this:
Oyster Raises $14 Million to Expand E-Book Subscription Service

Any idea how much a publisher that owns the ebooks makes from this type of deal? Do they get royalties based on the number of subscribers or..?
#curious #method
  • Profile picture of the author fcf360
    The publisher that owns the ebooks make nil, nothing from an equity raise of a company that provides platforms for accessing these ebooks. All that funds will be used to increase their subscription services across more platforms. Thus, in a sense, the individual ebook publishers will benefit from the increased reach and increased sales that results from this improved visibility across many platforms.
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