Zed boosts the distribution of 24symbols worldwide
. Zed and 24symbols have signed a distribution agreement which will see
24symbols launched in numerous global markets immediately
. Zed has also purchased a 32% share of 24symbols
Madrid, May 9th, 2013
Zed, the global leader in mobile services, technology and content, has signed an international distribution agreement with 24symbols, an Internet-based digital
books platform. Zed has also purchased a 32% share of 24symbols.
Thanks to this agreement, 24symbols will benefit from the exclusive agreements
that Zed has with almost 200 carriers worldwide. Through these agreements Zed
has access to 414 million users. Zed has a proven track record of distributing and
commercialising digital products to end users.
With this agreement, Zed enters in the world of e-books, a sector which is showing
24symbols was born two years ago and was immediately recognized by many as
the “Spotify for books”. The 24symbols service provides readers with access to a
multipublishers’ catalogue on the cloud, and offers a broad variety of books
(including novels, technical, comic-books, cooking, etc). All content is available
online and can be read without having to download anything, using a freemium
model. It is a social platform and allows users to share what they are reading, see
what their friends’ favorite books are, read comments and keep up to date with the
According to a statement by Javier Pérez Dolset, CEO of Zed, “This agreement with
24symbols means another step further for our company development strategy and
consolidates our position as leaders”.
Aitor Grandes, CEO of 24symbols, has declared himself very satisfied with the
financial elements of the agreement, as well as the opportunity to leverage Zed’s
international experience in the commercialisation of digital content. “This
agreement gives 24symbols a new distribution channel through the carriers. From
now on, we are going to be able to reach millions of users worldwide that can only
access premium digital content through their carriers”.
Zed is the global leader in mobile services, technology and content. Zed helps
carriers, app developers, content owners and rights, and in general all type of
companies to distribute, commercialise and promote products and services for
Zed has presence in 70 countries in 5 continents. It has a global approach but
adapts services to each local market.
The company has more than 1,700 employees, 50% of them dedicated to R&D. Zed
has 414 million consumers in the world through exclusive agreements with almost
24symbols is a service to read digital books on the Internet, based on a
subscription model. Similar to what Netflix is to movies or Spotify to music, but for
The service provides access to a broad publishing catalogue, with a reasonable
price and from any device.