From Publishers Weekly (PW) Industry News:
Barnes & Noble is entering the self-publishing business with the summer launch of PubIt! by Barnes & Noble that will allow independent publishers and self-publishing writers to distribute their works digitally through Barnes & Noble.com and the Barnes & Noble eBookstore. Publication and distribution will be limited to digital works with no sales through the B&N stores. The company said it will release details of the royalty model and compensation process at a later date.
To distinguish itself from other companies offering digital self-publishing services, B&N is highlighting access through the Nook and other devices compatible with the ePub format. “As a company that has achieved much of its success by building mutually beneficial relationships with publishers and authors, Barnes & Noble’s new PubIt! service represents an exciting evolution and significant opportunity in the digital content arena,” said Theresa Horner, director, Digital Products, Barnes & Noble. “Barnes & Noble is uniquely positioned to support writers and publishers and bring their exciting digital works to the broadest audience of readers anywhere.”