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Tuesday, January 9, 2001 Media Cynic | Forum | Advertising | Classifieds | Jobs Xlibris Adds Ebooks to Product Line Xlibris, an epublisher, has announced the addition of Glassbook formatted ebooks to its product line. Xlibris is headquartered in Philadelphia, PA, with offices in New York and London. Random House Ventures, the investment subsidiary of Random House, Inc., acquired a 49% ownership in Xlibris last year. John Feldcamp, Xlibris Founder and CEO, who has made negative comments about ebooks in the past, said that ``Ultimately, ebooks will be as common as paper books and they will have as broad a readership reach. The cost of publishing books online is significantly less expensive than traditional methods and, by driving costs down, Xlibris now can partner with more authors and enable their voices to be heard.'' Over 3,000 Xlibris titles have been converted to the Glassbook format and are available for $8.00 each through Xlibris' website bookstore. Authors receive a 50% royalty on ebook sales. Xlibris now includes the Glassbook ebook format in all of its paid services, and offers it as an add on to the free core service. Authors within the Xlibris system prior to November 1st were given the opportunity to convert their books to the ebook format at no charge.
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