Created by Humans, a company that aims to make it easy for creators to be compensated when their work is used for AI model training, has emerged from stealth with $5 million in funding. Positioning itself as “the AI rights licensing platform for creators,” the company was launched by Trip Adler, formerly the CEO of document sharing service and publishing platform Scribd. Noted author Walter Isaacson is an investor and creative advisor. In streamlining the licensing process, Created by Humans hopes to spare individuals and smaller companies from the proposition of engaging in costly litigation against LLM firms. Continue reading Created by Humans: AI Rights Licensing Platform for Creators

Subscription service Scribd — the “Netflix for books” — now has 45,000 audiobooks in its library after striking a deal with Penguin Random House Audio. The new titles include popular works by Lena Dunham, John Grisham, and George R. R. Martin. According to Scribd, audiobooks have doubled the time users spend reading on the service. Audiobooks also help bolster Scribd’s catalog, which currently does not include digital books from two major publishers: Penguin Random House and Hachette. Continue reading Scribd Adds 9,000 Audiobooks to E-Book Subscription Service

Oyster recently announced it plans to start offering customers the option to buy select books that may not otherwise be included as a part of the company’s all-you-can-read subscription service. With its new offering, the company hopes to compete with major e-book retailers such as Amazon and Barnes & Noble. Despite having deals with three major publishers, Oyster’s e-book subscription service has been missing key titles from publishing companies such as Random House and Hachette.  Continue reading Oyster Boosts Subscription Service with Digital eBook Store

Scribd customers now have unlimited access to some of the biggest names in comic books. The startup added comic books and graphic novels to its catalog of e-books and audiobooks that subscribers pay to access for $8.99 per month. Scribd currently has more than 100 million subscribers worldwide and over one million e-books, audiobooks and comic books. Marvel, Archie and Valiant are just a few of the comic book publishers that have signed on to offer their titles via Scribd. Continue reading E-Book Subscription Service Scribd Now Includes Comic Books

Scribd recently announced that in addition to its collection of e-books, subscribers now have access to a compilation of over 30,000 audiobooks. The company is one of the first e-book companies to have implemented a monthly subscription fee in exchange for unlimited access to its content. Joining the likes of models offered by Netflix and Spotify, Scribd subscribers can pay a monthly fee of $8.99 to access all available e-books and audiobooks belonging to the service’s catalog.  Continue reading Scribd Offers Unlimited Access to Audiobooks via Subscription

Amazon announced its new Kindle Unlimited, a $9.99 per month unlimited reading and listening service that provides access to more than 600,000 Kindle books and thousands of audiobooks from Audible. It will be available for the Kindle as well as iOS and Android mobile devices through the Amazon Kindle app. Analysts suggest that the service, which will compete with existing ebook subscription services Scribd and Oyster, could spark as much as $1 billion in growth for Amazon. Continue reading Amazon Announces its Kindle Unlimited, the Netflix for Books

As the book industry struggles with plunging prices and a decrease in demand, some publishers are turning to magazines to save their businesses. At SXSW in Austin this week, San Francisco-based literary startup Plympton launched Rooster, a subscription-only online fiction service. The service is an example of the new alternative in packaging books like magazines. A similar service is Plympton’s Daily Lit, which emails customers five-minute installments of classic literature. Continue reading Online Book Subscriptions Aim to Save the Publishing Industry

The concept of “literary Netflixes” has been gaining momentum in the past few months. Oyster, a book subscription service that launched four months ago, recently raised $14 million to expand. Many members of the publishing industry are cautious about adopting a subscription model for e-books because they believe it could cannibalize sales and devalue books. However, Oyster notes that despite the apprehension, it has been signing publishers and already has a library of more than 100,000 titles. Continue reading Will Books Follow Music and Video with Subscription Model?

Scribd will now be offering a subscription service, similar to Netflix and Spotify, through which users can access the entire Scribd e-book inventory. The service will offer unlimited access for a monthly fee, and may be a challenge to larger technology companies such as Amazon, Google and Apple. The company offers its service on most platforms and devices, and hopes to offer a new model for the revenue, distribution and discovery of books. Continue reading Scribd Unveils New Subscription Service for Digital Books

• Scribd — a Web site that lets users share reports, personal stories and recipes — revealed plans this week to launch a digital newsstand that provides a vast library of news to readers for a monthly fee, similar to the Netflix subscription service model.
• The newsstand, named Float, is the latest in a collection of strategies that have attempted to make money from online news. Other news hubs include Flipboard, Zite, Pulse, News.me and Ongo.
• Publications that are made available via Float will receive a share of the revenue after the subscription program launches this fall (although subscription fees and the amount to be shared with publishers have yet to be announced).
• Float will introduce a free version this week featuring articles from 150 publications such as The Associated Press, People, Fortune, Salon and Time magazine (publishers participating in the free version will share in the advertising revenue).
• Float will initially be available to consumers online and through an iPhone app, while Android and iPad versions are expected at a later date.