Scribd CEO Trip Adler on Bloomberg TV

Trip Adler, CEO of Scribd, recently joined Jon Erlichman of Bloomberg Television's "Bloomberg West." Image

Adler announced that Scribd is taking a page from Netflix's success story as it sets out to create the world's largest subscription service for digital books. Adler shared that the book subscription service will boast titles from HarperCollins. HarperCollins becomes the first of the five largest U.S. publishers to join a service vying to create an alternative to buying individual titles.

Scribd will charge $8.99 per month for a service that offers unlimited access to most of HarperCollins' back catalog, as well as an assortment of other books from smaller publishers.

Watch the full interview here.