Scribd drops unlimited ebooks model
In the US, ebook subscription service Scribd has refined its subscription model by moving from an unlimited model to a two-tiered service, reports Publishers Weekly. Customers will have unlimited access to ‘Scribd Selects’, a rotating selection of titles, and be issued monthly credits allowing them to read three ebooks and one audiobook per month. Unused credits are rolled over each month, while the unlimited titles will rotate on a monthly basis. The new terms will begin in mid-March, with subscribers to get at least 30 days’ notice. In August 2015, Scribd introduced a similar model for its audiobook content, while in July it dramatically reduced the number of romance and erotica titles available to prevent romance readers from cannibalising the company’s profit.
Category: International news