Draft2Digital acquires Smashwords

The biggest news in indie publishing for 2022 so far? Book distributor Draft2Digital has acquired rival Smashwords, in a deal that will affect 250,000 authors and the aggregation of almost 900,000 titles.

Here is the full deal announcement: https://www.draft2digital.com/blog/draft2digital-has-acquired-smashwords/

In case you’re new to self-publishing, or are old-hat but haven’t heard of or worked with these companies before - I went on Facebook Live this afternoon (full video here) and discussed this acquisition and what it will mean to indie authors.

Here’s a small clip from that live broadcast, where I discuss:

• The Draft2Digital and Smashwords business model

• What this merger means

If you’d like to see the full video, which is about 5 minutes longer, here is the link: https://www.facebook.com/100004166858419/videos/468242564806620/

You might have to request to join the group first, to see it. The Alessandra Torre Inkers group is for authors, and is a fantastic place to learn, ask questions, network and make friends. If you haven’t already joined, please do >> https://www.facebook.com/groups/torreink/

What are your emotions on the Draft2Digital and Smashwords merger? I’d love to hear your thoughts, please comment below.