Ebook subscription startup Scribd has acquired Librify, a social reading app, the companies announced today.
In a sparse press release, Scribd argues Librify’s “focus on the social reading experience” made the deal worthwhile. The news arrives at a heated time for the publishing industry, as Amazon, Oyster, and others all fight to be the definitive Netflix for books — all while hawking remarkably similar products.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1757245,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"entrepreneur,media,","session":"A"}']Reached by VentureBeat, Scribd declined to disclose how much it paid for Librify.
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