Ebook aggregator StreetLib says it has completed the first phase of its global expansion programme six months ahead of schedule.
CEO Giacomo D’Angelo says, ‘When we launched our pan-global expansion programme in January we committed to providing a publishing portal for every country in the world by the end of 2019. But we were overwhelmed by the positive response and the interest from authors and publishers and accelerated our programme and Phase One has now been completed.
‘Rather than cherrypick the larger, more lucrative markets, we set out to enfranchise writers in every country, bringing our global gateway distribution within reach of every author and publisher, anywhere in the world, no matter how small or how remote the country. Our smallest portal is for Norfolk Island in Oceania, with just 80 people online.
‘In May a new forecast placed a $35 billion valuation for the global ebook market by 2023, but our view is that that figure is on the conservative side, reflecting the current reality that authors and publishers in many countries do not have easy access to the digital market.’
StreetLib is an ebook distributor, publishing facilitator and global gateway to the international book market, with 70% of that market happening outside the US. It offers access to a worldwide network of retail, digital library and subscription service outlets. StreetLib distributes ebooks, audiobooks, comics, magazines and print-on-demand paperbacks. Its standard model is for a 10% commission (20% for audiobooks) per sale made.