Scribd Surpasses 1,000,000 Subscribers
We’re excited to announce that Scribd has surpassed the one million subscriber milestone!
The road to one million has been an incredible journey. Scribd launched in 2007 as the first open publishing platform, offering users a simple way to upload and share content online. The company evolved in 2013 when we became the first digital subscription reading service, and again in 2015 when we started working with publishers to offer a multitude of content types, including audiobooks and magazines. In 2018, Scribd introduced an unlimited* subscription to the world’s largest library of digital content — and now, we can proudly say that more than one million paying subscribers from all over the world are reading on Scribd.
“This is an exciting milestone for Scribd; one million subscribers is a tipping point for any subscription company and proves we have a reading service that people want, need, and love,” said Trip Adler, co-founder and CEO. “Scribd has been at the forefront of the digital reading evolution over the last decade, driving incremental revenue to the publishing industry while making the written word more accessible than ever before. As we celebrate this milestone, we’re grateful to our partners for trusting us with their content and believing in our mission to change the way the world reads.”
Scribd is dedicated to building a subscription model that strikes the right balance between delivering great value for readers and publishing partners while achieving long-term sustainability. We launched our unlimited subscription last year and have been delighted by the response: we’ve grown our subscriptions over 40% (YOY), and more people are listening to audiobooks than ever before (a +100% increase in audio users over the course of 2018).
Scribd has also been a champion of the bundling movement, partnering with top publishers like The New York Times, and leading consumer brands like Waze, to make it easy for readers to discover and access all of the content they want, when and where they want it.
As we look ahead to the next chapter, we’re excited to keep working with partners to deliver the best of the written word.
Whether you’ve been with Scribd since the beginning or just recently signed up, thank you for joining us on this journey and for being part of the Scribd community.
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