0% found this document useful (0 votes)
29 views3 pages

Founding (2007 - 2013) : Scribd

Scribd is an American e-book and audiobook subscription service founded in 2007 that hosts over 1 million titles. It offers subscribers unlimited access to its library of ebooks, audiobooks, documents, and other content for a monthly fee. Scribd began as a self-publishing platform and document sharing site, later expanding into ebook sales and partnerships with major publishers before launching its unlimited subscription model in 2013.

Uploaded by

nd
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
29 views3 pages

Founding (2007 - 2013) : Scribd

Scribd is an American e-book and audiobook subscription service founded in 2007 that hosts over 1 million titles. It offers subscribers unlimited access to its library of ebooks, audiobooks, documents, and other content for a monthly fee. Scribd began as a self-publishing platform and document sharing site, later expanding into ebook sales and partnerships with major publishers before launching its unlimited subscription model in 2013.

Uploaded by

nd
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

Scribd /ˈskrɪbd/ is an American e-book and audiobook subscription service that includes one million

titles.[2][3][4][5] Scribd hosts 60 million documents on its open publishing platform.[6]


Founded in 2007 by Trip Adler, Jared Friedman, and Tikhon Bernstam, and headquartered in San
Francisco, California, the company is backed by Khosla Ventures, Y Combinator, Charles River
Ventures, and Redpoint Ventures.[7] Scribd's e-book subscription service is available
on Android and iOS smartphones and tablets, as well as the Kindle Fire, Nook, and personal
computers. Subscribers can access unlimited books a month[8] from 1,000 publishers,
including Bloomsbury, Harlequin, HarperCollins, Houghton Mifflin Harcourt, Lonely
Planet, Macmillan, Perseus Book Group, Simon & Schuster, Wiley, and Workman.[9][10]

Founding (2007–2013)[edit]
Scribd began as a site to host and share documents.[12] While at Harvard, Trip Adler was inspired to
start Scribd after learning about the lengthy process required to publish academic papers.[14] His
father, a doctor at Stanford, was told it would take 18 months to have his medical research
published.[14] Adler wanted to create a simple way to publish and share written content online.[15] He
co-founded Scribd with Jared Friedman and attended the inaugural class of Y Combinator in the
summer of 2006.[16] There, Scribd received its initial $120,000 in seed funding and then launched in a
San Francisco apartment in March 2007.[6]
Scribd was called "the YouTube for documents", allowing anyone to self-publish on the site using its
document reader.[14] The document reader turns PDFs, Word documents, and PowerPoints into Web
documents that can be shared on any website that allows embeds.[17] In its first year, Scribd grew
rapidly to 23.5 million visitors as of November 2008.[18] It also ranked as one of the top 20 social
media sites according to Comscore.[18]
In June 2009, Scribd launched the Scribd Store, enabling writers to easily upload and sell digital
copies of their work online.[19] That same month, the site partnered with Simon & Schuster to sell e-
books on Scribd.[20] The deal made digital editions of 5,000 titles available for purchase on Scribd,
including books from bestselling authors like Stephen King, Dan Brown, and Mary Higgins Clark.[21]
In October 2009, Scribd launched its branded reader for media companies including The New York
Times, Los Angeles Times, Chicago Tribune, The Huffington Post, TechCrunch,
and MediaBistro.[17] ProQuest began publishing dissertations and theses on Scribd in December
2009.[22] In August 2010, many notable documents hosted on Scribd began to go viral, including the
California Proposition 8 ruling, which received over 100,000 views in about 24 minutes, and HP's
lawsuit against Mark Hurd's move to Oracle.[23][24]

Subscription service (2013–present)[edit]

Screenshots of Scribd's subscription service

In October 2013, Scribd officially launched its unlimited subscription service for e-books.[11] This gave
users unlimited access to Scribd's library of digital books for a flat monthly fee.[11] The company also
announced a partnership with HarperCollins which made the entire backlist of HarperCollins' catalog
available on the subscription service.[25] According to Chantal Restivo-Alessi, chief digital officer
at HarperCollins, this marked the first time that the publisher has released such a large portion of its
catalog.[26] In March 2014, Scribd announced a deal with Lonely Planet, offering the travel publisher's
entire library on its subscription service.[27]
In May 2014, Scribd further increased its subscription offering with 10,000 titles from Simon &
Schuster.[28] These titles included works from authors such as: Ray Bradbury, Doris Kearns
Goodwin, Ernest Hemingway, Walter Isaacson, Stephen King, Chuck Klosterman, and David
McCullough.[29]
Scribd added audiobooks to its subscription service in November 2014 and comic books in February
2015.[4][30]
In February 2016, it was announced that only titles from a rotating selection of the library would be
available for unlimited reading, and subscribers would have credits to read three books and one
audiobook per month from the entire library; unused credits roll over to the next month.[31]
Scribd's unlimited service launched on February 6, 2018, and includes access to an unlimited
number of books and audiobooks, alongside unlimited access to news, magazines, documents, and
sheet music,[32] for a monthly subscription fee of US$8.99.[33] However, under this unlimited service,
Scribd will "occasionally [...] limit the titles that [members are] able to access within a specific content
library in a 30-day period."[34] The previous credit system for books and audiobooks was removed.[32]
In October 2018, Scribd announced a joint subscription to Scribd and The New York Times for
$12.99 per month.

Audiobooks[edit]
In November 2014, Scribd added audiobooks to its subscription library.[35] Wired noted that this was
the first subscription service to offer unlimited access to audiobooks, and "it represents a much
larger shift in the way digital content is consumed over the net."[36] In April 2015, the company
expanded its audiobook catalog in a deal with Penguin Random House.[37] This added 9,000
audiobooks to its platform including titles from authors like Lena Dunham, John Grisham, Gillian
Flynn, and George R.R. Martin.[38]

Comics[edit]
In February 2015, Scribd introduced comics to its subscription service.[39] The company added
10,000 comics and graphic novels from publishers including Marvel, Archie, Boom!
Studios, Dynamite, IDW, and Valiant.[30] These included series such as Guardians of the
Galaxy, Daredevil, X-O Manowar, and The Avengers.[40][41] However, in December 2016, comics were
eliminated from the service due to low demand.

Timeline[edit]
In February 2010, Scribd unveiled its first mobile plans for e-readers and smartphones.[42] In April
2010 Scribd launched a new feature called "Readcast",[43] which allows automatic sharing of
documents on Facebook and Twitter.[44] Also in April 2010, Scribd announced its integration of
Facebook social plug-ins at the Facebook f8 Developer Conference.[45]
Scribd rolled out a redesign on September 13, 2010 to become, according to TechCrunch, "the
social network for reading".[46]
In October 2013, Scribd launched its e-book subscription service, allowing readers to pay a flat
monthly fee in exchange for unlimited access to all of Scribd's book titles.[47]
Financials

You might also like