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Scribd
Scribd is the world's largest digital library, where readers can discover books and written works of all kinds on the Web or any mobile device and publishers and authors can find a voracious audience for their work. Launched in March of 2007 and based in San Francisco California, more than 40 million books and documents have been contributed to Scribd by the community. Scribd content reaches and audience of 80 million people around the world every month.
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Here are the latest news about Scribd:
2018. Scribd reintroduced unlimited audiobooks and eBooks
Scribd has reinstated an unlimited audiobook and ebook subscription service. This allows users to read as many ebooks, magazines, newspapers, sheet music and audiobooks as they wish each month while remaining a subscriber. Casual readers who consume a few books per month from major publishers will find Scribd's service appealing. However, avid readers may encounter restrictions—not in a literal sense, of course. After reaching a certain number of titles, users will lose access to the full Scribd catalog and will only be able to read from a restricted selection. The exact threshold for this limitation is not specified. Amazon Kindle Unlimited serves as Scribd's main competitor but is available only in select regions and lacks many titles from major publishers.
2017. Scribd removes digital comics
Scribd is no longer offering digital comics on their platform and has removed over one thousand single issues and graphic novels. The company found it economically unfeasible to pay the large royalties for each comic read and decided to just suspend the service, rather than trying to make it work. Scribd is facing a number of hardships over the past few years, despite most of their competition exiting the field. They first culled over 225,000 romance and self-published e-books from their platform and then announced that they made cuts to their audiobook system because they are losing money. They ditched their unlimited audiobook package and subscribers can only listen to a single title per month. In 2016 they changed their business model from an unlimited service to a credit based one.
2016. Scribd is limiting the number of e-books you can read
Starting this March Scribd subscribers will be issued Monthly Read credits that will enable them to read three e-books and one audiobook every month from the full Scribd library, while still being able to read an unlimited number of books from Scribd Selects, a rotating selection of titles. The company says that 97% of its customers read less than three books per month, and will likely not be negatively affected by the change. The unlimited e-book subscription model is not a viable business model and many of the companies that participated in this space have all closed down. Entitle and Oyster raised a hundred million dollars over the years and still weren’t able to make the concept work.
2018. Scribd reintroduced unlimited audiobooks and eBooks
Scribd has reinstated an unlimited audiobook and ebook subscription service. This allows users to read as many ebooks, magazines, newspapers, sheet music and audiobooks as they wish each month while remaining a subscriber. Casual readers who consume a few books per month from major publishers will find Scribd's service appealing. However, avid readers may encounter restrictions—not in a literal sense, of course. After reaching a certain number of titles, users will lose access to the full Scribd catalog and will only be able to read from a restricted selection. The exact threshold for this limitation is not specified. Amazon Kindle Unlimited serves as Scribd's main competitor but is available only in select regions and lacks many titles from major publishers.
2017. Scribd removes digital comics
Scribd is no longer offering digital comics on their platform and has removed over one thousand single issues and graphic novels. The company found it economically unfeasible to pay the large royalties for each comic read and decided to just suspend the service, rather than trying to make it work. Scribd is facing a number of hardships over the past few years, despite most of their competition exiting the field. They first culled over 225,000 romance and self-published e-books from their platform and then announced that they made cuts to their audiobook system because they are losing money. They ditched their unlimited audiobook package and subscribers can only listen to a single title per month. In 2016 they changed their business model from an unlimited service to a credit based one.
2016. Scribd is limiting the number of e-books you can read
Starting this March Scribd subscribers will be issued Monthly Read credits that will enable them to read three e-books and one audiobook every month from the full Scribd library, while still being able to read an unlimited number of books from Scribd Selects, a rotating selection of titles. The company says that 97% of its customers read less than three books per month, and will likely not be negatively affected by the change. The unlimited e-book subscription model is not a viable business model and many of the companies that participated in this space have all closed down. Entitle and Oyster raised a hundred million dollars over the years and still weren’t able to make the concept work.
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