Thursday, March 15, 2012

Next star authors could be found online from @Reuters

For novelists, the days of sending manuscripts to dozens of publishers and anxiously awaiting a reply may soon be over. Thousands of writers who use online literature networks like teen-friendly Movellas or Penguin's Book Country, are already receiving instant feedback, altering texts on a whim and having their work read by the public no matter what a publisher thinks.
The internet has torn down the walled gardens of a previously closed industry as anyone can publish their texts with a few clicks -- a change which is also creating demand for industry newcomers.
"Publishers don't want the same to happen to them that happened to the music industry," said Per Larsen, chief executive of Danish online startup Movellas. "They know the publishing business model has been broken." 

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