News & Reviews

WORD: Scribd inks deal with Simon & Schuster to sell eBooks
Press Release

Scribd, the world's largest social publishing company, and Simon & Schuster, a leading global publisher, today announced an agreement to sell Simon & Schuster eBooks in the Scribd Store, an e-commerce destination and publishing marketplace launched last month to complement Scribd's already-popular platform for users' sharing their written works. At launch, nearly 5,000 Simon & Schuster eBook titles will be available on Scribd for purchase and download, making them readable on Scribd.com, computer desktops and various mobile devices.

The Simon & Schuster storefront on Scribd will include bestselling books from authors such as Stephen King, Dan Brown, Mary Higgins Clark, Chelsea Handler and Steve Martin. In addition, Simon & Schuster will also make thousands of printed titles available for preview with links to purchase from the Simon & Schuster website and other retailers.

"Simon & Schuster is a major force in book publishing and is again leading the industry by recognizing the power of the social web to influence reading and buying behavior," said Trip Adler, CEO and co-founder of Scribd. "We are thrilled to offer our users a one-stop solution for discovering, sharing and buying written works of all kinds, including bestselling books by one of the world's top publishers."

"With millions of visitors and an extraordinary number of posted documents, Scribd has become an important destination for readers seeking written information that is relevant to their lives," said Ellie Hirschhorn, Executive Vice President and Chief Digital Officer of Simon & Schuster. "We are pleased to offer them this convenient, user-friendly option for discovering, sampling, and purchasing Simon & Schuster books, any time and anywhere."

All works in the Scribd Store are added to Scribd's Copyright Management System, an industry-leading technology that helps prevent the upload of unauthorized written works. Publishers like Simon & Schuster have the ability to determine how works are read, including settings for "read only on Scribd.com," "download" and "download with DRM." In addition, Scribd provides publishers with the flexibility to experiment with pricing, which can be changed easily and at any time.

Availability

Readers will have access to the Simon & Schuster "storefront" in Scribd Store, a special section of the website where they will be able to browse and purchase books by Simon & Schuster. The content also will be discoverable by browsing Scribd's categories such as "books" and "business"; through keyword searches on Scribd and popular search engines; and recommendations made by friends using Scribd's many social features, including Twitter and Facebook integration.

About Scribd, Inc.

Scribd is the world's largest social publishing company with more than 60 million readers each month. Scribd is changing the way people discover, share and sell original writings and documents on the Web. Its innovative document reader technology, iPaper, enables anyone to easily upload PDF, Word, PowerPoint and other document types and share on Scribd.com or embed on thousands of other websites. Scribd is backed by Charles River Ventures, Redpoint Ventures, Paul Graham's Y Combinator, the Kinsey Hills Group and several prominent angel investors. For more information about Scribd, visit www.scribd.com.

About Simon & Schuster

Simon & Schuster, a part of CBS Corporation, is a global leader in the field of general interest publishing, dedicated to providing the best in fiction and nonfiction for consumers of all ages, across all printed, electronic, and audio formats. Its divisions include Simon & Schuster Adult Publishing, Simon & Schuster Children's Publishing, Simon & Schuster Audio, Simon & Schuster Digital, and international companies in Australia, Canada, and the United Kingdom. For more information, visit our website at www.simonandschuster.com.

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