Scribd reading service has surpassed 1 million subscribers

Read the subscription site Scribd today announced that more than 1 million people have signed up for this service to access a vast library of content from books, audiobooks, magazines, newspapers and graphic novels. The company has "the largest library of digital content in the world" and has grown its paid subscriptions more than 40% since last year.

Founded in 2007 as a way to share original documents, Scribd is a reading platform that incorporates subscriptions that allow users to access their ebook library later on. Later expanded to include audiobooks and graphic novels. The company adjusted the plan in 2016 (users can read three ebooks and audiobooks each month), but went back to unlimited plans last year. Subscribers pay $ 8.99 per month and can pull them from the company's entire library. However, I learned that people who borrowed too much were limited.

A year ago, the site now has more than 700,000 subscribers, and it works well when the unlimited plans are reintroduced. Last year, the number of subscribers increased by 40%, and Scribd found that the number of people listening to audiobooks increased by 100%.

Scribd, which competes with Amazon's Kindle Unlimited service, is good news for its subscribers. Its users pay $ 9.99 a month to consume unlimited ebooks, audiobooks and magazines from its own massive library.

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