On the back of the recent Oyster Ebook Subscription close-down, Scribd this week announced a change to its ebook subscription service that executives say will enable the company to expand and offer a wider variety of titles.
Under the new plan, Scribd’s subscription service will essentially be a hybrid offering. Monthly subscribers will be issued Monthly Read credits that will enable them to read three e-books and one audiobook every month from the full Scribd library while still being able to read an unlimited number of books from Scribd Selects, a rotating selection of titles. There will be no change in the service’s $8.99 monthly price. In addition, monthly users will be able to roll over unused credits, so that those who read less than three books in a month can read more titles in subsequent months.
On Friday the ebook subscription service Oyster released the final update to its app for iPad and iPhone, and used that update to quietly announce that it was shutting down. The three-year-old startup was acquired by Google last September, and had promised to remain open into spring 2016 as the staff transitioned over to Google. Alas, that did not happen; instead Oyster started closing accounts in late December. Judging by the tweets I found, Oyster closed accounts as each account came up for renewal, and then followed that with a formal shut down of the service on Friday. In keeping with Google’s usual reticence, Oyster has said little since the acquisition last year (in fact, the changelog for the last update includes little more than a broken link to an FAQ). “As we continue on, we couldn’t be more excited about the future of ebooks and mobile reading. We believe more than ever that the phone will be the primary reading device globally over the next decade—enabling access to knowledge and stories for billions of people worldwide,” the Oyster team said last fall. The terms of the deal have not been disclosed, but it was widely assumed that Oyster sold out and shut down because its service was […]