Scribd Puts Another Nail in the Coffin of “Netflix for Books”

A few years ago, everyone seemed certain that ebooks were taking over, and companies rushed to form the first successful “Netflix for books” service that could provide readers with unlimited ebooks for a low monthly price. But in the last year, ebook sales seem to to be declining or, at best, holding steady with a small slice of the market. While ebooks aren’t going anywhere, the dream of a Netflix or Spotify for books seems further away than ever.
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