After dabbling in crowd funding and briefly experimenting with native advertising, Wattpad announced yesterday that their new plan to generate revenue would involve a more direct approach:
Facebook has been getting a lot of grief over the past year. While Twitter and all of the news blogs were buzzing with Ferguson, all you could find on Facebook was the Ice bucket challenge. This led some to grouse about how the stories that received the most attention on Facebook were quizzes and puppy videos. Continue reading
I had been following the coverage as the week wore on, but then lost all of the tabs I had open when my copy of Chrome spontaneously delaminated on Thursday. So this afternoon I went looking for the better articles and put together a roundup post. Continue reading
Authors and publishers are frequently told that they should engage with readers on social networks, but sometimes it's not easy to know the right way to go about it. And so when this video from Pittsburgh ad agency Brunner crossed my desk this morning, I thought it was worth watching and sharing. Continue reading
The Amazon Write On program is the unnamed crowd sourced program I reported on, but it seems to be just as much a writing community as it is a publishing program.
Update: An Amazon spokesperson told me in an email that "Write On and the new publishing program are different and unrelated programs."
Twitter announced a new service yesterday which indie authors might like.
The social network started a beta test for new buy buttons. The test will only include a small percentage of U.S. users, and it is only visible on Twitter's mobile apps, so most of us will be unaffected. But in the long run indie authors will have a new sales platform.
Buzzfeed is back in the press again this week with the news that this viral content site had raised $50 million to make a movie. Many people are talking about how this site promotes itself, but I don't know how many are using the correct words for the activity.
Wattpad put the $46 million raised in their latest round of funding to good use last week.
PW reports that Wattpad has acquired a smaller rival writer site called Red Room for an undisclosed sum. In what could well be described as a whirlwind acquisition, Red Room informed members only last week that the site had been bought, and they turned off the servers today (no, seriously.) Continue reading
The beloved social reading platform Readmill is shutting down next Monday, and a couple days ago they sent out an email to remind users that they need to back up their content and account, and move it to another service. Continue reading
Goodreads has just announced another reason for Amazon customers to use the site.
The online book community, which Amazon acquired last year, is now enabling readers to automatically sync their Amazon book purchases with their Goodreads account. The new feature is being slowly rolled out to Goodreads users and it is currently limited to only the US,Canada, and Australia, but Goodreads plans to expand availability in the future. Continue reading