LinkedIn announced that its selling-off Scribd, the popular presentation sharing platform to SlideShare for an unknown amount. The procurement completes by September 24, as per LinkedIn when Scribd takes complete ownership and control of the operations at the SlideShare business.
Slideshare Goes To Scribd, CEO Says Both Are Companies Are Quite Same
Trip Adler, The CEO of Scribd said that SlideShare and Scribd are quite identical and were launched around the same time in 2006/7. Both the platforms are used for sharing informative documents and famous presentation repository on the web.
Both Companies Share Similar Vision and Mission
The CEO noted that
Want to publish your own articles on DistilINFO Publications?
Send us an email, we will get in touch with you.
“The two products always had kind of similar missions,” Adler said. “The difference was, [SlideShare] focused on more on PowerPoint presentations and business users, while we focused more on PDFs and Word docs and long-form written content, more on the general consumer.”
Scribd Launched Premium Subscription
Scribd had introduced a premium subscription bead service for the content on the platform, with users who want to look for reading documents mostly visit the platform and then subscribe for the premium services. Scribd is a repository for both premium and user-generated content.
Potential to Augment Scribd Content Offering
When LinkedIn reached out to Scribd for buying its presentation sharing service SlideShare, Scribd foresees enormous potential to increase its document offering to the customers. With SlideShare’s extensive repository of more than forty million presentations and 100 million unique visitors, Scribd can ace up its content offering and provide a plethora of documents, presentations, and informative text to the customers.
Scribd Team to Look After SlideShare Operations
Trip Adler further said that Scribd would benefit from SlideShare’s content and audience; however, the technology of both may have some points that do not overlap. He also noted that Scribd did not get in any new employees, and Scribd inhouse team would overlook SlideShare operations.
Integration to Continue with LinkedIn
Initially, SlideShare would be working as is independent of Scribd and stay integrated within LinkedIn. Adler said that both the company has the same technology where users upload the content. He is hopeful that Scribd would successfully take over and run SlideShare.
LinkedIn Released A Statement
Chris Pruett, the LinkedIn Vice President of Engineering, released a statement in which he showcased the initiatives and enhancement LinkedIn teams have done on the SlideShare platform after it was acquired.