Thursday, October 3, 2013

Scribd Launches E-book Subscription Service

Via Publishers Weekly

Scribd, a digital distribution, document storage and book discovery platform, is launchng a subscription e-book service that will give users access to an unlimited number of books for $8.99 a month. The all-you-can-read service can be accessed by all smartphone, tablet and laptop device platforms and will offer thousands of backlist books to subscribers—including a majority of the HarperCollins' backlist—as well as the opportunity to buy titles directly.

In an interview at the PW offices with Scribd cofounder and CEO Trip Adler and Scribd v-p of marketing Julie Haddon, the two said the service is working closely with HarperCollins to offer Scribd subscribers access to thousands of its titles. Adler said the Scribd subscription service has been in operation since January in a soft launch and he said the HarperCollins titles “gives us a critical mass of books.” Adler said the service “has been growing by 60% each month.”

Users pay $8.99 per month and can access their content through any mobile device, laptop or desktop as well as via the web. The Scribd model allows nonsubscription users to sample free excerpts of the subscription titles, but Scribd subscribers can logon on the online site to get full-text. The new subscription model also allows users to read up to 10 titles offline as long as their subscription is current.

Adler said payments are made to publishers every time a book is “read,” a trigger that is determined by a formula Adler described as “a complicated analytics system.”

While we are on the topic of Scribd, don't forget to visit our Scribd page. We've uploaded more than 200 titles and are continuing to upload new books to our site. All the books are free to read as well as download! Happy reading!!

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