Social publishing service Scribd has partnered with HarperCollins in a bid to become the "Netflix of books."
For a monthly fee, users are able to have unlimited access to the publishing house's entire back catalog. As of right now, new releases will be available for purchase on an individual basis. The model is similar to the streaming services that are available for music and films, such as the aforementioned Netflix.
The HarperCollins catalog will be fully integrated with the platform's existing services, meaning that users will be able to search, find and experience books in an entirely new way. Even more convenient is the fact that Scribd works on any kind of device, whether it be mobile, tablet or browsers, setting it apart from similar services.
Revolutionary E-Book Subscriptions
Scribd Brings Us the Joy of Reading on Any Device
Trend Themes
1. E-book Subscriptions - Subscription-based services for e-books allow unlimited access to a vast selection of books on any device, disrupting traditional book purchasing.
2. Social Publishing - Social publishing platforms like Scribd integrate back catalogs of publishing houses, creating new ways for users to search, find, and experience books.
3. Streaming Services - The model of subscription-based streaming services, popularized by platforms like Netflix, is now being applied to the world of books, offering users greater convenience and access.
Industry Implications
1. Publishing - Traditional publishing houses like HarperCollins are partnering with e-book subscription platforms like Scribd to expand their reach and engage with a broader audience.
2. Technology - The integration of e-book platforms with various devices and browsers presents opportunities for technology companies to develop innovative solutions and enhance the reading experience.
3. Entertainment - The convergence of literature and streaming services opens up possibilities for the entertainment industry to explore new content formats and storytelling methods.