One of the fastest growing developments in the publishing industry; a technology that is transforming the structure of the industryThe Business
The Company plans to develop a Print-on-Demand (POD) printing service in Russia. The POD technologies represent a new paradigm for the publishing industry. With POD, books are digitally printed to order in quantities as small as single copies for retail customers or bookshops. In the United States, tens of thousands of publications are now produced by print-on-demand. Internet customers of Amazon do not even realize that their ordered book is not printed until the moment they have paid for the order.
Print-on-Demand eliminates the need to inventory printed copies of books and the waste of unsold inventory. POD has also been a boon to authors since they are able to directly publish books at a minimal cost. With Amazon’s Booksurge, authors can pay as little as $300 to put a book into publication, and they receive royalties from the first sale.
Market
Amazon now owns POD companies in the United States and Europe. under its Booksurge brand. Competitiors include HarperCollins, John Wiley & Sons, McGraw-Hill, Pearson, Springer, Gale, Oxford University Press, Cambridge University Press, Princeton University Press, SAGE Publications, Kensington, Hal Leonard, LexisNexis and others.
The Company currently has funding to begin operations, but will be seeking follow-on funding to expand its business once operational.
Sector: PrintingSegment: Print on DemandRegion: RussiaFinancing Size: $5m to $20mContact: Yevgeniy Khata
Company: Sphere CapitalTelephone: —Email: [email protected]