Sunday, June 23, 2013

Amazon Announces New Story Licenses For Kindle Worlds - Investor's Business Daily

Amazon Publishing said Thursday That its new fan fiction publishing platform, Kindle Worlds, has secured licenses with comic book publisher Valiant Entertainment and best-selling authors Hugh Howey, Barry Eisler, Blake Crouch and Neal Stephenson.

class=”company”> Amazon.com ‘s (AMZN) publishing unit says the licenses allow any writer to create and sell fan fiction inspired by the popular Worlds of Valiant superhero comic book series “Bloodshot , “” XO Manowar, “” Archer & Armstrong, “” Harbinger “and” Shadowman. ” Other series will be added at a later date, the company said. Interested writers can overpriced produce fan fiction for Howey’s Silo Saga, Eisler’s John Rain novels, as well as Crouch’s “Wayward Pines” series, and Stephenson’s “Fore World Saga.”

Amazon Launched Kindle Worlds in late May. The company says it’s the first commercial publishing platform thatlets any writer create fan fiction based on a range of original stories and characters and earn royalties for doing so. The stories are sold in the Kindle Store.

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“Since announcing the Kindle Worlds just weeks ago, we’ve been energized by the not traveled and enthusiasm for this new program – from writers and readers alike,” Philip Patrick, director, business development and publisher of Kindle Worlds, said in the company’s press release. “With content from 2012′s Diamond Gem Award-winning Comic Book Publisher of the Year and the work of Several best-selling authors, we’re excited to expand Kindle Worlds and give writers even more options to be creative and earn royalties.”

Amazon shares were down 1% in afternoon trading in the stock market today. The stock broke out the week of January 11 and found support at its rising 40-week moving average in late April and early May, keeping its uptrend. It seems to have found upside resistance near 280, and was trading near 275.

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