Scribd, HarperCollins deal casts long digital shadow

Whether publishers want it or not, the Netflix model is coming to the book business.The San Francisco startup Scribd, best known as a site for posting PDFs of documents, announced Tuesday it is launching a multi-platform digital book subscription service that will provide access to a wide range of titles for $9 a month. Users can read ebooks on iOS and Android devices, as well as on Web browsers, and keep as many as 20 titles available for reading offline.Unlike other Netflix-like services that have launched recently, including Manhattan-based Oyster, Scribd is starting with thousands of titles from HarperCollins, or the majority of the publisher's backlist up until July 2012. Getting the cooperation of the so-called Big Five New York publishing houses has been the holy grail of subscription-service startups, and having even one of them represents a significant advance.More than 30 smaller publishers are also working with Scribd, including Sourcebooks, Workman and Kensington.Scribd, founded in 2007, also starts out with a high profile and an enormous user-base: It claims 80 million active readers monthly, and says that the subscription service—which soft-launched in January—has been growing by 60% every month. The company declined to provide subscriber numbers."There's never been an access model rolled out with this level of support and scale," said Trip Adler, Scribd's 29-year-old CEO and co-founder.Publishers have typically shied away from subscription services on the... Continue reading at 'Crains New York'

[ Crains New York | 2013-10-02 00:00:00 UTC ]
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