Most people don't realize that Amazon actually loses money every time they sell a Kindle Fire. This may seem unexplainable to some, but the company's primary is to gain profits from digital items on the backend via advertising, app purchases, music or movie downloads, and eBook sales.
A big portion of these profits are from eBooks (the original purpose of the Kindle series) although this may see a significant decrease as a new subscription service called Scribd has just branched their offerings to Kindle Fire users. Scribd boasts over 80 million active users with a library full of more than 40 million books and documents.
How does the Scribd service work? It features similar pricing structure to Spotify, Netflix, or Hulu Plus and offers access to unlimited reading of the eBooks within their library for a flat rate of $8.99 per month. The service launched on iOS and Android devices as well as via the web back in October, but this is the first push to get into devices that are primarily used for eBooks.
Trip Adler, the CEO and Cofounder of Scribed, had this to say about the Kindle expansion:
“Since launching our subscription book service, our readers around the world have been asking for an app that worked with Kindle Fire. It’s one of the most popular reading devices available today and we want to enable our readers to enjoy Scribd across any of their devices.”
It is important to note, the Scribd app can not be found within the Amazon app store, but can be downloaded via the service's website. There is also a full guide on their website that runs you through the process of installing Scribd app on your Kindle Fire. Scribd is currently offering a free month of their service to any new users so those interested are encouraged to sign up today.
As a graduate of the University of Massachusetts and our Managing Editor, Colt loves testing out the newest tech products/services. His goal is to help better educate other consumers to ensure the most satisfying purchases decisions on consumer electronics and services. When he is not working on creating new content, Colt enjoys spending time with his two Australian Shepherds, Mia and Zoey.