Quebecor Media Strikes New ebook Partnership
May 18 2012 - 11:30AM
Marketwired
Quebecor Media Inc. is happy to announce a new partnership with
ReadBooks SAS, a France and Quebec-based company specializing in
multi-language ebook libraries, software and consulting services.
This partnership, which includes a minority participation in
ReadBooks, will foster the development of new software for
Archambault and Paragraph that will allow them to increase their
offering and enhance the reading experience.
"Quebecor is happy to partner with an entrepreneurial team
involved in such a growing and well positioned sector of today's
digital and virtual economy. The entire ReadBooks team will be able
to rely on the expertise of our various divisions that are already
successful in this environment. We are particularly glad to gain
access to ReadBooks' management's specific know-how in the book
industry where Quebecor Media already assumes a leadership role in
Quebec and which has been at the heart of our concerns and
historical role in cultural industries" said Pierre Karl Peladeau,
president and CEO of Quebecor, Quebecor Media and Sun Media
Corporation.
"Through the worldwide sale of ebook bestsellers, ReadBooks has
become a leader of the ebook revolution. We have put together a
unique, playful and user-friendly offering aimed at putting our
ebook apps in the hands of every ebook reader, on every continent
and Quebecor Media's investment will bring us closer to reaching
this objective," said Yannick Lacoste, president of ReadBooks.
Already well established, with 15 employees in Paris and 15
employees in Montreal, ReadBooks is planning, following this
agreement, to double its Canadian staff before the end of the year,
mainly in research and development.
About Quebecor Media Inc.
Quebecor Media Inc. is a subsidiary of Quebecor Inc.
(TSX:QBR.A)(TSX:QBR.B), one of Canada's most important holding
company operating in the telecommunications and media businesses.
With more than 16,000 employees, Quebecor Media Inc., through its
subsidiary Videotron Ltd., is an integrated communications company
engaged in cable television, interactive multimedia development,
Internet access services, cable telephone services and mobile
telephone services. Through Sun Media Corporation, Quebecor Media
Inc. is the largest publisher of newspapers in Canada. It also
operates Canoe.ca and its network of English and French language
Internet properties in Canada. In the broadcasting sector, Quebecor
Media Inc. operates, through TVA Group Inc., the number one French
language general interest television network in Quebec, a number of
specialty channels and the SUN News English language channel.
Another subsidiary of Quebecor Media Inc., Nurun Inc., is a major
interactive technologies and communications agency with offices in
Canada, the United States, Europe and Asia. Quebecor Media Inc. is
also active in magazine publishing (TVA Publishing Inc.), book
publishing and distribution (Sogides Group Inc. and CEC Publishing
Inc.), the production, distribution and retailing of cultural
products (Archambault Group Inc. and TVA Films), video game
development (BlooBuzz Studios, L.P.), DVD, Blu-ray disc and
videogame rental and retailing (Le SuperClub Videotron Ltd), the
printing and distribution of regional newspapers and flyers
(Quebecor Media Printing Inc. and Quebecor Media Network Inc.),
news content production and distribution (QMI Agency),
multiplatform advertising solutions (QMI Sales) and the publishing
of printed and online directories, through Quebecor
MediaPages(TM).
About ReadBooks
ReadBooks(TM) is a worldwide online ebookstore
(www.readbooks.mobi and www.readbooks.ca) with users in over 50
countries that offers millions of free and paid ebooks including
bestselling titles in English, French, German, Spanish, Italian and
other languages. ReadBooks SAS and ReadBooks Technology Inc.
develop and market ebookstores and complete apps, e-reading and
e-distribution solutions for ebooks to provide the best user
experience for tablets, E-Ink tablets, smartphones, PC/Mac,
Android, iPhone, iPad and iPod touch.
Some of ReadBooks' partners, clients and friends include: Random
House, MacMillan, Penguin Group, Simon & Schuster, Harlequin
Books, McGraw Hill, Wiley and Taylor & Francis and over 5,000
other publishers worldwide from over 70 e-distributing sources.
ReadBooks also works with Intel Corporation and Microsoft on the
technology side, as well as with Vivendi Mobile and Entertainment
and Canal BD (85 bookstores) on the retail side. ReadBooks also
provides white label ebookstores to e-content providers like
Harlequin France and many others.
Contacts: Press contact for Quebecor Media: J. Serge Sasseville
Senior Vice President, Corporate and Institutional Affairs Quebecor
Media Inc. 514.380.1864serge.sasseville@quebecor.com Press contact
for ReadBooks: Michel Richard Vice President and Head of Operations
ReadBooks SAS 514.419.1918info@readbooks.net
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