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Simon & Schuster Joins Scribd, Oyster eBook Subscription Service Libraries (GalleyCat)
Simon & Schuster has established a partnership with Scribd and Oyster. Readers will now have access to the publisher’s backlist eBook titles. GigaOM eBook subscription sites are still young — both Oyster and the reinvented Scribd, which offer users unlimited access to a library of eBooks for under $10 a month, just launched last fall. In that time, one of the questions for these services has been whether big publishers would sign up. Until now, the only Big Five publisher participating in either service had been HarperCollins. Mashable As part of the agreement, Simon & Schuster will make available its entire backlist of thousands of books. Eric Stromberg, cofounder and CEO of Oyster, framed the deal as a strong endorsement for the eBook subscription market, or as he put it, the access model. WSJ Simon & Schuster and HarperCollins both view the services as a way to jump-start sales of older books. Both publishers have limited what they make available to titles that have been in print for at least a year. The Oyster and Scribd deals are “an experiment, but it’s a serious experiment,” said Carolyn Reidy, chief executive of Simon & Schuster, a unit of CBS Corp. Simon & Schuster also has experimented with providing books to another kind of subscription service, one now called Entitle Books Inc., which lets consumers buy a certain number of books for a set price every month. Forbes The deal includes authors like Stephen King — the most searched author in the Oyster platform — and Ernest Hemingway, who is No. 5. Other names snagged in the deal include Dan Brown, Mary Higgins Clark, Ray Bradbury and F. Scott Fitzgerald.