Washington [US]January 16 (ANI): US on-line publishing platform Medium has introduced the acquisition of e-book firm Glose, a platform the place customers can purchase and browse books, after which share notes and highlights with associates.
In line with The Verge, Medium’s CEO Ev Williams stated the corporate “seems ahead to working with the Glose group in partnering with publishers to assist authors attain extra readers.” As soon as the combination is full, the Glose library is not going to be included in Medium’s $ 5 / month and $ 50 / 12 months subscriptions.
Nicolas Princen, CEO of Glose, stated: “The imaginative and prescient is to create an expertise the place you’ll be able to transfer from one to the opposite.” He added: “You’ll be able to learn an article after which purchase a e book that connects to that content material with one click on if you wish to dig deeper.”
In line with The Verge, there are just a few ways in which the Glose / Medium integration may repair this. First, Medium may present folks books written by the writer of the article they’re studying. Going even additional, Medium may additionally discover books on the subject of the article and present them to readers who need to dig deeper.
Though Medium’s acquisition price shouldn’t be public, it supplies a supply of revenue for the corporate exterior of its subscription service. Whereas it may be troublesome to persuade folks to pay to learn shorter-form articles, many individuals are already used to paying for books. (AND ME)
(That is an unedited story and robotically generated from syndicated information, LatestLY workers could not have modified or edited the physique of the content material)