Macmillan US has become the third large publisher to enroll e-books in the Oyster and Scribd subscription services.
The publisher revealed it is adding 1,000 backlist titles to both platforms today (13th January), ranging from Janet Evanovich's Full House to The Language of Passion by Nobel laureate Mario Vargas Llosa.
The news comes after Macmillan US’s c.e.o John Sergeant hinted in December the publisher would do a deal to enter the subscription marketplace, even though it had “long been opposed to subscription” because it needed “broader channels to reach readers”- pointing to Amazon’s 64% of the company’s e-book business.
Sergeant indicated that titles he would list in subscription services would be “backlist books, and mostly with titles that are not well represented at bricks and mortar retail stores,” as a way of battling Amazon’s dominance in the e-book market.
Macmillan’s decision follows that of other large publishers HarperCollins and Simon & Schuster.
Oyster and Scribd offer readers access to thousands of e-book titles for less than $10 a month.