E-Book Subscription Service Scribd Raises $58 Million

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E-Book Subscription Service Scribd Raises $58 Million
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Digital reading subscription service Scribd has raised a $58 million round of funding led by Spectrum Equity. The new funding round brings the total amount of money raised by Scribd to $106 million…

Digital reading subscription service Scribd has raised a $58 million round of funding led by Spectrum Equity. The new funding round brings the total amount of money raised by Scribd to $106 million. Scribd launched in 2007 as a hosting service for digital documents, and has since evolved into a subscription service for e-books, audio [...]Kay Madati, Twitter’s global VP, head of content partnerships, is departing the social network after two years in the job.

]YouTube starting this month is requiring all creators, regardless of location and whether or not they produce content intended for children, to designate whether their videos are made for kids. And many YouTubers are concerned that the new rules will hurt their monetization — or even expose them to fines if their content is mislabeled. [...]Lilly Singh lampooned Disney Plus’ disclaimer that certain older movies include “outdated cultural depictions” on her NBC show.

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