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Old 05-19-2015, 12:20 PM   #1
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Vook relaunches itself as Pronoun self-publishing platform
Vook Pivots, Becomes Self-Pub Platform Pronoun
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After a year of acquisitions that included the online literary boutique Byliner and the e-book data analysis engine Booklr, e-book creator Vook has relaunched itself as Pronoun. The new company is a soup-to-nuts self-publishing platform comprising the combined technological tools of Byliner, Booklr and Vook. Declaring itself “a new model for authors,” Pronoun offers its services free of charge and gives authors a 100% royalty rate.

“Pronoun is committed to changing the publishing model by making it open, and by making it free,” said Josh Brody, Pronoun CEO. Brody said the new platform is the culmination of “a year of acquisitions and building a new team,” that will offer “a new kind of platform that empowers authors.”
http://www.publishersweekly.com/pw/b...m-pronoun.html
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Old 05-19-2015, 09:41 PM   #2
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How do they make money?
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Old 05-19-2015, 10:44 PM   #3
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How do they make money?
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Asked how Pronoun will make money while giving authors a 100% royalty on all their e-book sales, Brody said the company will continue to generate revenue from its current legacy businesses in data conversion and sales tracking, but intends to take the classic tech startup posture and focus on creating a platform that attracts authors.
.....
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Old 05-20-2015, 04:18 AM   #4
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That doesn't sound like an economically-sustainable business model to me.
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Old 05-20-2015, 07:26 AM   #5
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How do they make money?
They have a bunch of geese in the back room. Laying golden eggs...
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Old 05-25-2015, 08:30 AM   #6
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Sounds like a free service to get authors in the door. Then charge fees later when established.
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Old 05-31-2015, 06:28 PM   #7
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That doesn't sound like an economically-sustainable business model to me.
It made me curious, then skeptical.

We shall have to wait a bit to see what is really going on.
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Old 06-18-2015, 05:52 PM   #8
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Looks like they just got themselves 3.5 million in additional funding...

http://www.publishersweekly.com/pw/b...nvestment.html
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