Scribd Book Service Adds HarperCollins Titles - WSJ.com

Check the link below for additional details on the race to be the "Netflix of books"

"We want to be the Netflix of books," said Trip Adler, chief executive of Scribd, a San Francisco-based company that is closely held by its founders and a small group of equity investors. Scribd offers unlimited access to its titles for $8.99 a month. The company, whose online platform hosts e-books and documents from numerous sources, also will sell new and backlist titles from all HarperCollins's U.S. imprints.
Other publishers providing books to the Scribd subscription service include Kensington Publishing Corp., which is providing new and old titles. "We're interested in exploring the subscription model and seeing how it performs," said Steve Zacharius, Kensington's chief executive."

Scribd Book Service Adds HarperCollins Titles - WSJ.com