Scribd adds audiobooks to its growing list of collections, will directly compete with Audible

The digital library Scribd is all set to add a section dedicated to audiobooks to its growing list of collections on its archive beginning this week. With the new additional audiobooks the digital library now has more than 30,000 titles says TheVerge.com. This is indeed great news to the subscribers since they will get added value with their $8.99 per month subscription. The caveat, there is just one major publisher, Harper Collins, who is connected with this service for the meantime.

This development gives rise to making Scribd as a direct competitor of Audible which currently has a collection of more than 150,000 audiobooks for its users. Audible’s subscription rate is more costly at $14.95 per month but the users can store and use their downloaded audiobooks even after their subscription has ended. But the clear edge of Audible is it has more tie ups compared to Sribd’s lone partner since it is already more established.

But it is still hitting two birds with one stone on the part of Scribd since the move will diversify its offerings and at the same time will enter a new an uncharted niche.

Scribd CEO Trip Adler quipped that the audiobook industry is lucrative since earns $1 billion annually. The addition of the audiobooks in Scribd’s fold becomes a possibility thanks to the popular requests of its subscribers. Adler added, “They were glad to offer their users what they consider “a natural extension of Scribd’s existing content offering.”

The digital library has already released audiobook support for their Android and Kindle Fire apps, and the update for iOS handsets will be rolled out in the coming days. While waiting for the update the subscribers might find listening to their selected audiobooks in the Scribd website will certainly be a good idea.

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