Quote:
Originally Posted by 49Kat
Well, thinking that subscribers are going to pay the $8.99 per month (more like about $11 Cdn) and then only read one book is just silly. A big part of the appeal of Scribd was based on access to an unlimited and large library. I subscribed because it was economical for me and I read a lot more than one a month. That volume from Scribd specifically went lower as the app's behaviour made the service annoying for me.
I'm sorry to see what's happening with Scribd.
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Nobody likes to see a business start circling the drain but some businesses are built on quicksand or swampland; on unrealistic expectations or temporarily fortuitous conditions.
Right now there is an enormous panic ongoing on the Kindle Unlimited side over the KU2.0 payout reallocation from checkouts to pages read. It's getting vicious; PS3 vs XBOX360 vicious, but with real life stakes.
http://www.hughhowey.com/great-ku-flip-2015/
On the one hand people's financials are at stake so you can't help but feel for their loss...
...yet, at the same time you have to wonder how they failed to understand that paying out the same for reading a chunk of a short story as for reading a full novel simply could not last forever. Not if KU was to survive as a marketing adjunct to the entire Kindle ebook store.
And the really odd thing is people are panicking over one day's worth of incomplete data.
Publishing sure attracts strange people.