Category Archives: Trip Adler

Scribd has more than 1M paying subscribers

Subscription ebook and audiobook service Scribd says it’s grown to more than 1 million subscribers. It still has a long way to go before reaching the heights of Netflix (nearly 150 million subscribers) or Spotify (87 million paying subscribers), but the announcement should help put any lingering doubts to rest around whether there’s a sizable audience willing to pay an $8.99 subscription fee for books. The company also says it’s been profitable since early in 2017, and that it’s currently bringing in $100 million in annual recurring […]

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