eNovel.com to Acquire Instant Novelist Site

Posted on October 10, 2000

eNovel.com, an epublisher, has announced plans to acquire Novel Products, Inc., owner of The Amazing Instant Novelist site on America Online and the Web. The acquisition gives eNovel access to AOL members through the Instant Novelist's placement on AOL at keyword novel. The Instant Novelist provides writers with dozens of writing contests each week.

Instant Novelist founder Dan Hurley will join eNovel's management team. His career path began 17 years ago when he took his manual Remington typewriter onto the streets of Chicago to begin writing stories for passersby. Hurley is the author of the writing book, The 60-Second Novelist.

``My goal back then was to cut out the middle men -- the agents, the publishers, the bookstores -- standing between writers and readers,'' Hurley said. ``That's precisely what eNovel is going to do, but on a scale beyond my wildest dreams back in 1983. The result will be monetary riches for writers far in excess of the 6.4% they earn from traditional print publishers today, and literary riches for readers.''

``We believe that eNovel is set to become the number one brand in e-books,'' said Jack Singer, President/CEO of eNovel.com. ``We have created a company that can help authors get published and enable traditional publishers to turn non-performing assets, such as out-of-print books and other e-books, into revenue opportunities. eNovel has a multiple distribution-point model, the top brand in self-publishing on the Web, access to AOL and growing relationships with many technology, promotion and distribution partners.''