Good news, fellow Scribd fans! The “Netflix for Books” is proving that the subscription model also works for digital books.
According to this Fortune article, Scribd now has one million paying subscribers around the world.
In 2018, Scribd introduced an unlimited subscription model, which has since grown the paid base by 40% year-over-year. Scribd also boasts that more people are listening to audiobooks on its platform more than ever before, at 100% increase in audio users over the course of 2018.
Scribd has also expanded its digital library and padded its subscription service through bundles and test programs with a variety of other digital publishers, such as The New York Times, Waze Audio Player, and Spotify.
How about you? Do you love digital books?