Booktrope

Last updated
Booktrope
Booktrope Logo.png
FounderAndy Roberts, Katherine Sears, Heather Ludviksson and Ken Shear[ citation needed ]
Country of origin United States
Headquarters location Seattle, WA
DistributionWorldwide
Publication types Books, E-books
Imprints Forsaken, Gravity, Edge, Entice, Vox Dei
Official website www.booktrope.com

Booktrope (founded 2010, ceased operations 2016) was a Seattle-based hybrid publisher which specialized in community-based team publishing. [1] Applying a "team publishing" model, under which authors, editors, designers and marketing managers shared revenue, the company published approximately 1000 books in print and ebook formats. It ceased operations as of May 31, 2016. [2]

Contents

History

Booktrope grew rapidly from its founding in 2010 until 2016, publishing many books that made best seller lists and giving hundreds of new authors opportunity to release works. The company was selected for Y Combinator in winter, 2015, [3] having previously won the Seattle Angel Conference competition in November 2013. [4] The company attracted attention for innovation in publishing [5] [6] [7] [8]

In April, 2016, Booktrope's management determined that its business model was no longer financially viable due to changes in the book market, and conducted a managed shutdown of the business, paying authors and other creative team members all royalties earned and providing source files that authors could use to republish their books. [9] [10]

See also

Related Research Articles

<span class="mw-page-title-main">Publishing</span> Process of production and dissemination of literature, music, or information

Publishing is the activity of making information, literature, music, software, and other content available to the public for sale or for free. Traditionally, the term refers to the creation and distribution of printed works, such as books, comic books, newspapers, and magazines. With the advent of digital information systems, the scope has expanded to include digital publishing such as ebooks, digital magazines, websites, social media, music, and video game publishing.

<span class="mw-page-title-main">Simon & Schuster</span> American publishing company

Simon & Schuster LLC is an American publishing company owned by Kohlberg Kravis Roberts. It was founded in New York City on January 2, 1924, by Richard L. Simon and M. Lincoln Schuster. Along with Penguin Random House, Hachette, HarperCollins and Macmillan Publishers, Simon & Schuster is considered one of the 'Big Five' English language publishers. As of 2017 Simon & Schuster was the third largest publisher in the United States, publishing 2,000 titles annually under 35 different imprints.

<span class="mw-page-title-main">Y Combinator</span> American startup accelerator

Y Combinator Management, LLC (YC) is an American technology startup accelerator launched in March 2005 which has been used to launch more than 4,000 companies. The accelerator program started in Boston and Mountain View, expanded to San Francisco in 2019, and was entirely online during the COVID-19 pandemic. Companies started via Y Combinator include Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Reddit, Stripe, and Twitch.

<span class="mw-page-title-main">Jason Calacanis</span> American businessman

Jason McCabe Calacanis is an American Internet entrepreneur, angel investor, author and podcaster.

<span class="mw-page-title-main">Open Library</span> Online project for book data of the Internet Archive

Open Library is an online project intended to create "one web page for every book ever published". Created by Aaron Swartz, Brewster Kahle, Alexis Rossi, Anand Chitipothu, and Rebecca Malamud, Open Library is a project of the Internet Archive, a nonprofit organization. It has been funded in part by grants from the California State Library and the Kahle/Austin Foundation. Open Library provides online digital copies in multiple formats, created from images of many public domain, out-of-print, and in-print books.

Lightning Source is a printer and distributor of print-on-demand books. The company is a business unit of Ingram Content Group. Originally incorporated in 1996 as Lightning Print Inc., the company is headquartered in La Vergne, Tennessee, United States. Its UK operations are based in Milton Keynes. They also have operations in Maurepas, France and Melbourne, Australia.

<span class="mw-page-title-main">Tim Ferriss</span> American entrepreneur, investor, author, and podcaster (born 1977)

Timothy Ferriss is an American entrepreneur, investor, author, podcaster, and lifestyle guru. He became well known through his 4-Hour self-help book series—including The 4-Hour Work Week, The 4-Hour Body, and The 4-Hour Chef—that focused on lifestyle optimizations, but he has since reconsidered this approach.

Pronoun was a New York–based company that provided free book publishing, marketing, and analytics services to authors. Pronoun was launched in 2015.

Self-publishing is the publication of media by its author at their own cost, without the involvement of a publisher. The term usually refers to written media, such as books and magazines, either as an ebook or as a physical copy using print on demand technology. It may also apply to albums, pamphlets, brochures, games, video content, artwork, and zines. Web fiction is also a major medium for self-publishing.

ebook Book-length publication in digital form

An ebook, also known as an e-book or eBook, is a book publication made available in electronic form, consisting of text, images, or both, readable on the flat-panel display of computers or other electronic devices. Although sometimes defined as "an electronic version of a printed book", some e-books exist without a printed equivalent. E-books can be read on dedicated e-reader devices, also on any computer device that features a controllable viewing screen, including desktop computers, laptops, tablets and smartphones.

<span class="mw-page-title-main">Ben Huh</span> South Korean-American businessman

Ben Huh is a South Korean-American internet entrepreneur and the former CEO of The Cheezburger Network, which at its peak in 2010 received 375 million views a month across its 50 sites.

Graphicly was a platform for publishers which offered work flow integration, self-publishing, digital distribution, conversion, and promotion for digital content. Launched by Kevin Mann and Micah Baldwin, the website was initially a platform for digital comic books, but later added support for children's books, art books, and magazines. Graphicly accumulated more than 3,500 publishers and more than 10,000 independent creators. The website hosted an active social community, allowing creators and fans to interact directly. Graphicly shut down in May 2014, and some of its key staff moved on to fellow digital publisher Blurb.

Amazon Publishing is Amazon's book publishing unit launched in 2009. It is composed of 15 imprints including AmazonEncore, AmazonCrossing, Montlake Romance, Thomas & Mercer, 47North, and TOPPLE Books.

<span class="mw-page-title-main">Library.nu</span> Popular linking website

Library.nu, previously called ebooksclub.org from 2004 to 2007 and gigapedia.com from 2007 to 2010, was a popular linking website. It was accused of copyright infringement and was shut down by court order on February 15, 2012. According to the takedown notice, it hosted some 400,000 ebooks.

<span class="mw-page-title-main">Oyster (company)</span> Commercial streaming service for digital e-books

Oyster was a commercial streaming service for digital e-books, available for Android, iOS, Kindle Fire, and NOOK HD/HD+ devices. It was also available on any web browser on a desktop or laptop computer. Oyster held over 1 million books in its library, and as of September 2015, the service was only available in the United States.

Homejoy was an online platform which connected customers with home service providers, including house cleaners and handymen. The company was based in San Francisco. Homejoy served the United States, Canada, and United Kingdom for a total of over 31 major cities. It charged a variable rate of $25–$35 per hour .. Homejoy shut down on July 31, 2015.

Jared Friedman is an American entrepreneur and angel investor. He is a partner at Y Combinator in San Francisco, where he invests in and helps startups. Previously, Jared was the co-founder and CTO at Scribd, a digital library and document-sharing platform, which has 80 million users.

<span class="mw-page-title-main">Atria Publishing Group</span> General interest publisher and a division of Simon & Schuster

Atria Publishing Group is a general interest publisher and a division of Simon & Schuster. The publishing group launched as Atria Books in 2002. The Atria Publishing Group was later created internally at Simon & Schuster to house a number of imprints including Atria Books, Atria Trade Paperbacks, Atria Books Espanol, Atria Unbound, Washington Square Press, Emily Bestler Books, Atria/Beyond Words, Cash Money Content, Howard Books, Marble Arch Press, Strebor Books, 37 Ink, Keywords Press and Enliven Books. Atria is also known for creating innovative imprints and co-publishing deals with African-American writers as well as known for experimenting with digital or non-traditional print formats and authors.

Lighter Capital is a revenue-based financing lender that specializes in providing financial capital to small technology companies.

A hybrid press is a publishing house which can be broadly defined by its source of revenue. The revenue source of a traditional publisher is through the sale of books that they publish, while the revenue of hybrid publishers comes from both book sales and fees charged to the author for the execution of their publishing services.

References

  1. "A New Approach to Publishing | Seattle Magazine". Seattle Business Magazine. Retrieved 2017-03-27.
  2. "Team publishing startup Booktrope to shut down, citing revenue shortfall". Geekwire. 2016. Retrieved 22 February 2015.
  3. Ha, Anthony (26 February 2015). "YC-Backed Booktrope Rethinks Book Publishing". TechCrunch. Retrieved 2017-03-27.
  4. "Startup Booktrope is Winner of Fourth Seattle Angel Conference Investment Competition". www.seattleangelconference.com. Retrieved 2017-03-27.
  5. "Thinking of the children". The Economist. Retrieved 2017-03-27.
  6. Konrath, Joe (2013-07-10). "A Newbie's Guide to Publishing: Guest Post by Katherine Sears". A Newbie's Guide to Publishing. Retrieved 2017-03-27.
  7. "How Booktrope Turned a Free Ebook Into A Bestseller". Digital Book World. 2013-06-24. Retrieved 2017-03-27.
  8. Vinjamuri, David. "How Hybrid Publishers Innovate To Succeed". Forbes. Retrieved 2017-03-27.
  9. "Team publishing startup Booktrope to shut down, citing revenue shortfall". GeekWire. 2016-04-30. Retrieved 2017-03-27.
  10. "Booktrope To Shut Down Operations". PublishersWeekly.com. Retrieved 2017-03-27.