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Philadelphia-based Xlibris, which currently offers services for authors to publish e-books, hardcovers, and trade paperbacks, also announced plans for an author-centric website. The site will provide writers with member home pages, chat rooms, forums, message boards, and writers' workshops. It will also help writers find freelance editors and extensive design services.
Xlibris also said it will offer its services for free and with no restrictions on exclusivity of rights.
"Because of this investment, we will now be able to take care of authors at a level that no one ever dreamed of before," said John Feldcamp, CEO of Xlibris.com.
Random House officials said they will not be mining the offerings at Xlibris for undiscovered writers. And Xlibris will continue to work with other publishers.
"We are currently in talks with several major traditional publishing houses. When we have a special book we are going to get it to the right people. That’s something we owe our authors," said Feldcamp.
Book industry estimates claim that half a million books will reach the market in 2001. Online marketers, authors, and publishing companies are now looking for new ways to introduce those books to the reading public.
The Internet book explosion is fueling some of the growth. There are now books available in every format, written by every kind of writer, covering every topic.
Random House's stake in Xlibris is yet another step in the book industry's search for a solution to returns and warehousing costs. There has never been a way to successfully estimate how many copies of a title will sell, so publishers are forced to estimate the demand. If sales fall short, store owners return the unsold titles, which the publishing house then remainders at a loss.
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