Well, that didn’t take long. Just three years and change after buying Author Solutions (ASI) from venture capital firm Bertram Capital, Penguin Random House has sold the company to an affiliate of Najafi Companies, another venture capital firm. In 2012, Penguin’s then-owner, Pearson, paid $116 million for Author Solutions, not long before Penguin merged with Random House. Terms of the most recent deal were not disclosed. The sale was finalized December 31st and was announced earlier this week.
I hope we’re all familiar by now with Author Solutions’ schtick: the reassuring websites of its many, many imprints; the claims that you, too, can be a successful author by publishing your book with them; the high initial costs, the constant upselling, the disastrous “editing,” and the boxes and boxes of books in the garage that the hapless author will never be able to unload. Continue reading “Random Penguin Kicks Author Solutions to the Curb”
We hope you’ve got a big shopping cart, because here comes a bunch of eBook bargains just for you! That’s right, here at Indies Unlimited each Thursday, we make it super easy for you to find hot free and 99 cent eBook deals. Make sure to tell your friends to come on over to Thrifty Thursday and check ’em out!
Readers: look in the comment section below. If you see one you like, click over and buy it. How easy is that? (If you don’t see the book covers, adjust your browser’s adblock settings.)
Authors: if you have a book priced at 99¢ or less (that’s right, post your free eBooks here, too!), follow the instructions below and post it right in the comment section. Got more than one bargain book? Go ahead and post them all if you like, but only one book and ONE link per comment please! Continue reading “Thrifty Thursday: eBook Bargain Bonanza”