Perlego and Libreka jointly launch British academic subscription model
Rudolstadt, 04/02/2019 – Perlego has signed an agreement with Libreka to introduce its subscription model to academic and professional e-book distribution in Germany. Perlego offers a unique offering to German publishers to increase revenue from their e-books while providing a better user experience for students and professionals who have access to the content they need at lower cost.
Perlego offers publishers a state-of-the-art platform that enables publishers to generate revenue based on user activity rather than a one-time purchase. Similar to mainstream subscription models, users get unlimited access to digital content. Perlego’s innovative payment model is the first of its kind on the German market; for the first time, publishers receive revenue when part of their content is read by users.
„People expect to have everything at their fingertips – business people and students alike. Perlego has brought the streaming subscription model for academics into the book industry,“ says Thorsten Schreiber, CEO of Libreka. „This model allows readers to access a wider range of books, creating additional opportunities for digital publishers to generate revenue when accessing their books, even for a short reading“.
„Having achieved significant acceptance in the UK since its inception, our goal for 2019 is to expand into strategic markets across Europe,“ said Matthew Jones, Vice President of Content Acquisiton & Strategy at Perlego. „Working with the Libreka team will enable us to rapidly build our German content collection so that we can start in the fourth quarter of 2019 with a wide reach of e-book titles. We are very excited to bring this platform to Germany.