Scribd Makes Changes to Content Subscription Model

From Andrew Albanese at PW:

Under the new plan, Scribd’s subscription service will essentially be a hybrid offering. Monthly 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. There will be no change in the service’s $8.99 monthly price. In addition, monthly users will be able to roll over unused credits, so that those who read less than three books in a month can read more titles in subsequent months.

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From Digital Book World:

“This gets us into a really good, long-term, sustainable spot,” said Trip Adler, co-founder and CEO. “It allows us to have more high-quality, expensive titles, and it allows us to balance the needs of our ‘typical’ Scribd reader who reads one, maybe two books per month, with the power readers who read 10 or 100 books per month.”

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