PRH withdraws ebooks from unlimited subscription platforms
Penguin Random House (PRH) has withdrawn its ebooks and digital audiobooks from unlimited access subscription services.
According to Goodereader, the publisher has withdrawn its books from platforms including Scribd in the US, Bookbeat in the UK and Storytel in Sweden.
A PRH spokesperson told the Bookseller: ‘Penguin Random House has decided that at this stage we will not participate in unlimited access subscription models. Our decision was made collectively by the company’s international leadership team to preserve a diversity of content in the marketplace and the actual and perceived long-term value of our authors’ intellectual property.’
As previously reported by Books+Publishing, last year HarperCollins began allowing a ‘limited number’ of backlist ebooks onto Amazon’s Kindle Unlimited service in the UK and Australia.
Category: International news