Move over, Smashwords, there's a new way for indie authors to get their books into libraries. Starting 15 September, Italy-based ebook distributor StreetLib will be supplying indie titles to OverDrive, the leading library ebook distributor.
StreetLib is a relatively unknown distributor which has only crossed my desk once (in reference to the related bookstore platform). It's a multi-lingual aggregator which supports 8 languages on its interface and distributes to Kindle, Kobo, Nook, iBooks, Google Play Books, Tolino, Bookmate, and many more.
Along with Vearso and eBookPartnership, Streetlib is one of only a handful of distributors that support Google Play Books, and now Streetlib is joining a different select group of distributors that can get your ebook into OverDrive’s 33,000 partner libraries across 50 countries.
Mark Williams beat me to the story, and he's thrilled by the news. It sounds like he's looking forward to dropping Smashwords:
With Flipkart gone, the OverDrive libraries distribution option was one of the few reasons left to be putting titles into Smashwords.
But last month I spent far too much time trying to upload titles to Smashwords only to see them rejected straight away, sat waiting days to be approved (the exact same title would be selling on Apple in hours through Draft2Digital) or rejected days later after review. Titles with validated epubs that Smashwords rejects, yet that somehow manage to sail through Draft2Digital and into the exact same stores Smashwords says won’t accept them.
And not only is Smashwords more of a hassle, it also generates less revenue. Smashwords pays 48% of the retail price for each ebook sold to a library, while Streetlib pays considerably more.
Streetlib mentioned in their blog post that each time a library in the EU or Switzerland buys a book, the author will get %60 of the list price. Each time a library outside the region purchases a book, the author will get 40% of the list price.
Forty percent is less than 48%, but if Streetlib manages to avoid the Smashwords self-pub ghetto then authors are bound to sell more copies and make more money.
image by maguay