[AnemicOak]

Scribd, the subscription e-book service, has acquired Librify, a subscription e-book and social reading platform launched in 2014 that also offers e-book retailing.

Librify launched with a partnership with mass market retailer Target. For $6.99 a month, Librify subscribers received free access to one e-book each month recommended by Target, and could purchase the rest of Librify’s inventory of about 1 million e-books at a discount of 10% to 20% off list price. An early version of the subscription e-book model, Librify combined Target-recommended, discounted e-books with a social reading platform that enabled users to meet online and discuss, list and share the books they were reading.

http://www.publishersweekly.com/pw/b...s-librify.html

Also...
http://www.digitalbookworld.com/2015...ial-e-reading/
http://www.thebookseller.com/news/sc...librify-304953