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Entitle Closes $5.3m series A Funding
WILMINGTON, N.C., Dec. 16, 2013 /PRNewswire/ -- Entitle, a groundbreaking eBook subscription service, today announced its public launch. The service, formerly named eReatah, allows members to read two books a month for $14.99, three books a month for $21.99 and four books a month for $27.99. Members will own and have permanent access to any books they download regardless of their subscription status with Entitle, and these books can be read on up to six devices. Members can read books on the newly-launched Entitle e-reading app for iPad, iPhone and Android devices.
Entitle members can download from a catalog of over 100,000 titles from over a thousand publishers, including Simon & Schuster, HarperCollins Publishers, Kensington Books, Berrett-Koehler, Houghton Mifflin Harcourt, Workman Publishing, Sourcebooks, Open Road Media, RosettaBooks and many more. Over 50% of books in Entitle's catalog retail for over $12.99, and include thousands of bestselling titles and new releases from authors such as Stephen King, Dan Brown, Doris Kearns Goodwin, JA Jance, Brad Thor, Vince Flynn, Glenn Beck, Mary Higgins Clark, Michael Crichton, Janet Evanovich, Mark Helprin, Ernest Hemingway, F. Scott Fitzgerald, Patrica Cornwell, Clive Cussler, James Rollins, Sandra Brown, Jodi Picoult, Jennifer Weiner, David McCullough, George Orwell, Kathy Reichs, Chelsea Handler, and Walter Isaacson.
Entitle is the only eBook subscription company to secure content deals with more than one of the major corporate publishers, and has titles such as Doctor Sleep, Life of Pi, Duck Dynasty's Si-ology 101, Beautiful Ruins, Miracles and Massacres, The Perks of Being A Wallflower, The Storyteller, The Bully Pulpit, Happy, Happy, Happy, Remy, Beautiful Beginning, The Light Between Oceans, A House in the Sky, Hero, Brain on Fire, Hyperbole and a Half and City of Bones. In addition, Entitle offers titles distributed by Ingram Content Group and Independent Publishers Group.
Hot Best Selling New Releases include Titles Such as: The Bully Pulpit, Si-cology 1, Five Days in November, , Miss Kay's Duck Commander Kitchen, There's more to life than this, , Rush Revere and the Brave Pilgrims, Remy, Black and Blue,
"We are excited to work with Entitle on their unique offering that provide a new way for consumers to engage with our authors' works," said Chantal Restivo-Alessi, Chief Digital Office, HarperCollins Publishers
Entitle also incorporates the work of Nicholas Ampazis, from the Ensemble team, of the Netflix recommendation challenge, to create constant recommendations of new titles for members. More than simply looking at what you've read, the system intelligently monitors and analyzes the content of what books hold your attention and your progress and helps you find your next great read.
In addition, Entitle announced the close of their $5.3 million Series A round to help fund growth of the business.
"We've created a unique service that combines quality and quantity while at the same time allowing our members to realize great savings on the books they want to read" said Bryan Batten, CEO of Entitle.
Entitle is a cross-genre e-book subscription service that allows its members access to over 100,000 eBooks. Founded in March 2011, the Web and app-based service offers three different subscription plans allowing readers to download two, three or four books a month saving members up to 50% compared to the average e-book retail price. It also boasts a powerful recommendation engine and one-step e-book downloading process. Entitle is based in Wilmington, NC.
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