FastPencil is a multilevel ebook distribution platform for both indie and established authors alike. The company provides cloud software that allows authors to upload their ebooks and then sell them via Apple, Barnes & Noble, Ingram, and Kindle. Last July the company ironed out an agreement that will allow its authors the opportunity to have print editions of their books placed in select B&N physical locations. This will potentially put their titles in front of browsing consumers, as well as provide Barnes and Noble with carefully screened content for its stores. FastPencil has announced it has sold its business to the Courier Corporation.
Courier Corporation is one of America’s leading innovators in book manufacturing and content management. The company is heavily invested in the arduous process of manufacturing books with numerous locations spread across the US. Courier has over 1500 employees and was founded in 1824. It first spread its wings in the digital development field, but was doing everything in-house. The FastPencil acquisition gives Courier a solid infrastructure for a continued digital focus and its established relationships with Ingram and Barnes and Noble.
“FastPencil is both a great fit for our existing customer base and a superb means of entry into one of the fastest-growing segments of our industry,” said Courier Chairman and Chief Executive Officer James F. Conway III. “Our current publishing customers will appreciate the extra options presented by FastPencil’s cloud-based collaborative platform, intuitive design and development tools for both print and ebooks, and integrated use of social media at every stage from concept to distribution. And self-publishers, who are already taking advantage of FastPencil’s easy-to-use technology and licensing expertise, will gain tremendous added value on the print side through Courier’s ability to deliver top-quality books at attractive prices, on short order and in virtually any run length.”
“We are thrilled to be joining forces with Courier,” said FastPencil co-founder and CEO Steve Wilson. “In doing so, we are not only gaining a world-class print partner, but also enabling our authors to reach out to a far wider audience and increase their potential sales by an order of magnitude.