Simon & Schuster helps launch self-publisher

NEW YORK (AP) ? A leading mainstream publisher and a top self-publishing company are teaming up.

Simon & Schuster and Author Solutions Inc. announced Tuesday the creation of Archway Books.

Archway will be releasing self-published fiction, nonfiction, business and children's books. For fees ranging from $1,599 to $24,999, it will offer assistance on everything from designing a book to making a promotional video.

Digital technology has helped lead to the proliferation of self-published books, with Sylvia Day and Amanda Hocking among those becoming best-selling authors.

Archway also places Simon & Schuster in an indirect business relationship with rival publisher Penguin Group (USA), which owns Author Solutions. The CEO of Author Solutions, Kevin Weiss, said that no Penguin officials will be involved in running Archway.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2012-11-27-Books-New%20Self-Publisher/id-f3e600a14172421a8aab659d3c9bc774

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