Smashwords Distribution To Scribd

Deal terms:

The terms of the agreement are great for our authors. 60% list price for all sales for their bookstore, and 60% list for all qualifying full reads in their subscription service.

For the subscription service, you get paid 60% list after the reader has reached a certain threshold, measured by percentage read. The trigger points for "full read" credit are when a reader reads more than 20% of the book, not counting the first 10% of the book starting at page one which is considered the free sample.

They also pay for partial reads in the subscription service, which is a cool bonus and unlike any other retailer. If a reader reads 5% beyond the 10% sample, but less than 20% beyond, you receive a "browse" credit. 10 browse credits equal one full sale.

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