Disney has purchased Fanlib, a community site dedicated to showcasing fan fiction. The Los Angeles-based site launched about a year ago, and had raised about $3 million from H.I.G. Ventures in 2006. Fan fiction is “a broadly-defined term for fiction about characters or settings written by fans of the original work, rather than by the original creators. Fan fiction usually describes works which are [generally] uncommissioned by the owner of the work, and usually (but not always) works which are not professionally published.” An example: the Harry Potter series has spawned a lively fan fiction genre, in which the characters make choices and enjoy an afterlife that Rowling herself did not create, as Wikipedia describes it. It has been controversial over the years because of copyright issues, as it is a derivative work, and therefore, a gray area with copyright violation. Fanfiction.net is the largest site in market, though more user-gen than a business...Fanlib is an effort at commercializing and developing organized communities around fans, with the primary focus being TV shows, in addition to books. It has deals with HarperCollins, Penguin Books, Showtime Networks, Simon & Schuster, and Starz Entertainment....it has done promos for Showtime’s The L Word and Dexter.http://www.paidcontent.org/entry/419-disney-buying-storytelling-social-net-fanlib-digisynd-in-process/
http://www.fanlib.com/
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