Youpublish.com, a company owned by the BVI Holding called ITCCYL Ltd., and led by Utah businessman Roice Krueger, has launched a Web site that allows anyone to publish a book online, or upload videos, music, photos or any other digital products.
In May this year, the company opened a retail shop that allowed to think that it is going to compete with the likes of Amazon.com, but not the BVI-controlled company launched a distinctive feature – the ability to publish any digital file at no cost to the creator, who will retain copyrights, and has the option to distribute his products for free or set a price and receive 50% of any sales revenue.
Self-publishing is available from a number of companies and their websites, including also Amazon. This company sees as one of its advantages the ability for the self-publishers to get to the huge marketing machine – Amazon.com, and it keeps 20% of the sale price of a book when it is sold through its e-stores, or 40% when sold through Amazon.com, plus takes a fixed fee for printing charges.
Youpublish.com hopes to receive its dividends from publishing online any digital materials, and by providing the 50% commission to the creator. The customers can create their own online libraries and leave their comments about the quality of the works, for other readers to see them.
The site of Youpublish.com is still evolving, and the founders are holing to improve the search engine and add more social networking feature and perhaps on-demand printing. The site is even planning to include the ability for a group of people to come together and write a book.
The company, owned by the BVI consortium, has no central office and is run with independent consultants. Web developers out of an office in Salt Lake City, and two marketing-support people are working in Los Angeles.