Scribd, for those of you not familiar with it, is a bit like Youtube, but with words instead of video. Sounds a bit tedious? You’d be right. Finding anything worth reading is frankly a chore. But this week Scribd launched a function that will allow its users to upload a document and charge others to view it.
In the new Scribd store, authors will be able to upload document, set their own price and keep 80% of the profit. Users will be able to download copies in PDF for use with the soon-to-be released in the UK, Kindle 2. And, with an iPhone application in the offing, Scribd look to have their bases covered.
“One reason publishers are excited to work with us is that they worry that publishing channels are contracting as Amazon and Google are gaining control over the e-book space,” said Jared Friedman, chief technology officer and a founder of Scribd.
The announcement comes hot-on-the-heels of Rupert Murdoch’s plans to start charging for access to NewsCorp’s newspaper websites and may mark the start of paid-for web content.
“That it is possible to charge for content on the web is obvious from the Wall Street Journal’s experience,” said Murdoch.
“The current days of the internet will soon be over,” added the eery media mogul.
But rest assured, Techdigest has no plans to start charging its handsome and intelligent readership anytime soon. Yeah that’s right – you guys! What do you think? Do Murdoch’s plans NewsCorp’s web content have legs? Or will you just get your news elsewhere if you have to pay for it? Could this be the rebirth of the newspaper? Let us know in the comments.