Scribd today announced major changes to its subscription service.
As part of the re-structured service, all Scribd users will receive unlimited access to “Scribd Select” books and audiobooks, a rotating collection spread across a variety of genres. In addition, all users will have access to three books and one audiobook of their choice each month from the entire Scribd catalog. Titles from Scribd Selects do not count toward the user-chosen titles.
The monthly fee will remain $8.99, and the changes will go into effect sometime in mid-March.
The announcement comes on the heels of two changes to its service Scribd made last year. In June, the company reduced the amount of romance books it offered, and in August it eliminated the unlimited audiobook component of its service and instead transitioned to a credit system, disincentivizing so-called “power readers” from listening to a disproportionate amount of audiobooks each month.
The changes help Scribd strike a careful balance, allowing the company to maintain a sustainable business model while also re-integrating a modified version of unlimited audiobook listening into its service.
“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.”
All Scribd users still receive unlimited access to sheet music and documents.
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