Description

Scribd Launches Scribd Store,
Online Marketplace for Original Written Works

Sellers Include Lonely Planet, O’Reilly Media, Berrett-Koehler,
World Bank Publications and Best-Selling Authors

SAN FRANCISCO – May 18, 2009 – Scribd, the world's largest social publishing company, today announced the beta launch of Scribd Store, a first-of-its-kind e-commerce destination and publishing marketplace where anyone – from professional publishers and authors to students and enthusiasts – can upload and sell their written works to a readership of more than 60 million.

The Scribd Store (www.scribd.com/store) expands Scribd’s library of free original documents to include for-purchase works, many of which are new, exclusive or hard-to-find anywhere else on the Internet. In a radical departure from industry norms, the Scribd Store offers a generous revenue sharing agreement that gives sellers 80% of revenue. Prices are set by the seller and currently range from $1 for a graphic novel to $5,000 for an in-depth China market research report. Sellers can also choose Scribd’s automated pricing option, which generates an optimal price tag based on a cost-sales analysis of similar items in the Scribd Store.