Following last week’s announcement that Simon & Schuster is making their backlist available to Scribd subscribers, at BEA Scribd announced an agreement with the Perseus Books Group as well. Perseus is providing “thousands of their amazing books to our readers,” and is the next largest publisher to participate after HarperCollins and S&S. Some people have been confused about the business terms Scribd presents to large publishers, even though we covered it last October when HarperCollins first explained their deal. As S&S reported to agents recently, authors “will receive their standard ebook royalty rate each time one of their books is read.” [After […]
