Published On: Wed, Aug 12th, 2020

Scribd acquires presentation-sharing use SlideShare from LinkedIn

SlideShare has a new owner, with LinkedIn offered a presentation-sharing use to Scribd for an undisclosed price.

According to LinkedIn, Scribd will take over operation of a SlideShare business on Sep 24.

Scribd CEO Trip Adler argued that a dual companies have unequivocally identical roots, both rising in 2006/2007 with stories on TechCrunch, and both of them focused on content- and document-sharing.

“The dual products always had kind of identical missions,” Adler said. “The disproportion was, [SlideShare] focused on some-more on PowerPoint presentations and business users, while we focused some-more on PDFs and Word docs and long-form created content, some-more on a ubiquitous consumer.”

Over time, a companies diverged even further, with SlideShare acquired by LinkedIn in 2012, and LinkedIn itself acquired by Microsoft in 2016.

Scribd, meanwhile, launched a Netflix-style subscription use for e-books and audiobooks, yet Adler pronounced that both a “user-generated side” and a “premium side” sojourn critical to a business.

“We get people who come in looking for documents, afterwards pointer adult for a reward content,” he said. “But they do continue to review documents, too.”

So when Microsoft and LinkedIn approached Scribd about appropriation SlideShare, Adler saw an event to enhance a request side of a product dramatically, incorporating SlideShare’s calm library of 40 million presentations and a assembly of 100 million monthly singular visitors.

The deal, Adler said, is essentially about drumming into SlideShare’s “content and audience,” yet he pronounced there might be aspects of a service’s record that Scribd could incorporate as well. Scribd isn’t holding on any new employees as partial of a deal; instead, a existent group is holding shortcoming for SlideShare’s operation.

He combined that SlideShare will continue to work as a standalone service, apart from Scribd, and that he’s carefree it will continue to be well-integrated with LinkedIn.

“Nothing will change in a initial months,” Adler said. “We have a lot of knowledge with a product like this, both a record smoke-stack and with users uploading content. We’re in a good position make SlideShare unequivocally successful.”

Meanwhile, a matter from LinkedIn Vice President of Engineering Chris Pruett highlighted a work that a association has finished on SlideShare given a acquisition:

LinkedIn acquired SlideShare in May 2012 during a time when it was apropos transparent that professionals were regulating LinkedIn for some-more than creation veteran connections. Over a final 8 years, a SlideShare team, product, and village has helped figure a calm knowledge on LinkedIn. We’ve incorporated a ability to upload, share, and plead papers on LinkedIn.

Scribd raises $58M for subscription e-books and audiobooks

 

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