Sources: Scribd is in talks to go public as soon as this year, via an IPO in Q4 or through a merger with a SPAC, and could be valued at about $1B
Bloomberg :
Audible debuts Audible Plus, a $7.95/month tier with unlimited access to a library of 11K+ titles spanning audiobooks, podcasts, and original productions
Audible breaks out separate pricing plan specifically for its exclusive programming. Daniel Holloway / Variety : Audible Launches New Unlimited Subscription Tier Audible Plus Rik Henderson / Pocket-li...
LinkedIn says it has sold presentation-sharing service SlideShare to Scribd, which will take over its operation on September 24
SlideShare has a new owner, with LinkedIn selling the presentation-sharing service to Scribd for an undisclosed price. — According to LinkedIn …
Scribd announces Scribd Perks, which gives paying subscribers access to additional audio and video streaming services like Pandora Plus at no extra charge
Anthony Ha / TechCrunch :
E-book and audiobook subscription service Scribd raises $58M led by Spectrum Equity, bringing its total raised to $106M
Digital reading subscription service Scribd has raised a $58 million round of funding led by Spectrum Equity. The new funding round brings the total amount of money raised by Scribd to $106 million.
Subscription e-book and audiobook service Scribd introduces Snapshots, bite-sized distillations of nonfiction books' key points
Anthony Ha / TechCrunch :
Scribd reinstates 32 copies of Mueller's report, which is in the public domain, says they were removed after algorithms identified them as copyrighted work
David Yanofsky / Quartz :
Scribd launches Scribd Originals, a new long-form program with original content featuring notable authors such as Roxane Gay and Garrett Graff
Pieces will range between a magazine feature and a book — Reading platform Scribd is launching a new original content program called Scribd Originals today …
Scribd says its reading service has surpassed 1M subscribers paying $8.99/month, up 40% YoY, and the number of users listening to audiobooks has doubled
Andrew Liptak / The Verge :
The SEC says it will review the disapproval orders for nine bitcoin ETF proposals from ProShares, GraniteShares, and Direxion, which have been stayed
at least for now Cali Haan / Crowdfund Insider : Surprise! SEC Stays Rejection of Bitcoin ETFs Pending Review Trustnodes : SEC Commissioners to Vote on the Bitcoin ETF Decisions Daniel Cruz / CryptoGl...