Platify: "Swedes Pioneer New 'Spotify for e-Books'"

From The Local:

Put simply, Platify’s role is to sit between the publishers and the tablets, and manage the purchase and subscription services of books online.

”We are not the first to realise the potential of this, but you have to have the best technological solution. Ours differs from others in several ways, most notably that you can bookmark pages, so if you are in the middle of a book it is easy to go back to the last point you were reading,” Denize explains.

“The advantage we have over the giant publishers is that the more creative individuals and authors are not always the ones who can make a success out of a business.”

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“You can make margin notes and add your own bookmarks, but you can also share lists and notes with other users and users can also discuss topics and texts with each other on forums.”

Revenue will come from a combination of advertising and subscriptions, just like Spotify, says Denize.

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Thanks: @TeleRead

Filed under: Companies (Publishers/Vendors), Patrons and Users, Publishing