The socially networked reading site Scribd inked a deal with John Wiley and Sons, Inc. today, agreeing to sell thousands of digital books on the site.
The press release contained some mind-boggling statistics about online readership at the free site. According to the company, community members read five million free and for-purchase works in 2009 on the site. In addition, 200,000 books are published on Scribd annually, and the company thinks the figure will quadruple in 2010. The release cites a Bowker reporter that said the American publishing industry put out 275,232 books in 2008.
Scribd CEO and co-founder Trip Adler had this statement: “We’re thrilled to have Wiley, a venerable brand, and so many other publishers join the Scribd community,” said , CEO and co-founder of Scribd. “Our goal is to bring content creators and readers together in the best and most convenient way possible while giving professional publishers an additional revenue stream and control over how their content is consumed on the web, mobile devices and other platforms.”
Tammy Nam, VP of content and marketing on Scribd described the deal at mediabistro.com’s eBook Summit: “What interested Wiley was the copyright protection we offer. We offer publishers and content holder different ways to protect content on Scribd. Any time a site uses a piece of content at Scribd, it will be checked against our copyright fingerprint system.”