Self-Pub Platform FastPencil Was Sold to a Book Manufacturer

Self-Pub Platform FastPencil Was Sold to a Book Manufacturer Publishing Courier Corp, one of the leading US book manufacturers, has found a way to avoid being sidelined during the rise of ebooks. They've just bought FastPencil, one of the less flashy but still very successful ebook production companies.

Courier is in fact the 3rd largest book maker in the US, and they have long been focused on diversifying beyond book production into other areas including content management, software development, POD, and more. And now they're getting into self-pub.

Well, no.

It is easy to frame FastPencil as a self-pub service but that's not the complete picture. ]It's true that FastPencil has had a fair amount of success in self-pub; they have 60,000 self-publishing content creators signed up. But the company has also been focused on working with established publishers, tech companies, and book manufacturers like Ingram, BookMasters, and B&N, as well as companies in other industries that wanted to launch their own in-house publishing operation.

Remember when B&N launched Nook Press? FastPencil was the technical partner and helped develop the platform. This was FastPencil's second deal with B&N, BTW.

It's deals like the ones with B&N that are probably the main reason that Courier was interested in FastPencil, not just the self-pub service.

 

Nate Hoffelder

View posts by Nate Hoffelder
Nate Hoffelder is the founder and editor of The Digital Reader: He's here to chew bubble gum and fix broken websites, and he is all out of bubble gum. He has been blogging about indie authors since 2010 while learning new tech skills at the drop of a hat. He fixes author sites, and shares what he learns on The Digital Reader's blog. In his spare time, he fosters dogs for A Forever Home, a local rescue group.

1 Comment

  1. […] to distribution to publishers and authors, and it also offers publishing packages. Corier had acquired FastPencil for $5 million in April 2013 at a time when (according to my sources) FastPencil was in poor financial health. It […]

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