Scribd Shifts to a Credit-Based Subscription Model

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Big change is coming from Scribd! They are getting rid of the unlimited subscription model for Everand. Instead, they will use a credit-based system. This new plan is starting in the U.S. first, with plans to go international in early 2025. The goal is to help users get more popular content, like New York Times bestsellers and well-known publishers. They also want to stay competitive with big companies like Amazon, Barnes & Noble, and Kobo.

So, whatโ€™s the new deal? Everand is offering two subscription plans:

  • Standard Plan ($11.99/month): Get one premium title.
  • Plus Plan ($16.99/month): Get access to up to three special titles.

On top of that, both plans still include unlimited access to a bunch of extra content, like magazines, podcasts, sheet music, and a solid selection of e-books and audiobooks, including Everand Originals. The catch? If you want those major bestsellers, youโ€™ll have to use credits from one of these plans. The good news is, once you unlock a title, you can read or listen to it as many times as you want while subscribed.

For existing Scribd subscribers still on the old unlimited plan, this switch wonโ€™t happen overnight. But when your renewal date hits in 2025, youโ€™ll have to pick one of the new plans. And once you switch? Thereโ€™s no going back to the unlimited model.

Now, is this a good deal? That depends on your reading habits. If you regularly go for brand-new audiobooks or e-books, this could actually save you money, new audiobooks alone can cost anywhere from $25 to $45, and e-books can go for $15 to $30. Compared to competitors like Kindle Unlimited, Audible, and Kobo Plus, this system might offer more bang for your buck.

One big issue with the old unlimited model was that power users, people who tore through tons of books each month, often saw their access restricted. The new credit system could fix that. It will give everyone better access to all of Everandโ€™s items.

At the end of the day, this change makes Everand an important part of the digital reading world. Whether youโ€™re an everyday reader or a fan of audiobooks, this shift could really change things. What do you think, good move or a tough change?

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