Disappearing DVD collections are just one example of how streaming content is transforming our home libraries. So it seems only natural that an online subscription service will replace the books and magazines that take up shelf space.
Scribd, the company which describes itself as the “Netflix for reading,” says that it has passed 1 million paid subscribers for its $8.99 a month service.
While 1 million is way below the kind of numbers enjoyed by Netflix, Spotify or Apple Music, it’s still an impressive milestone at a time when many publishers are struggling. It’s also one that Apple is likely paying a whole lot of attention to.