Scribd to launch an "Essential Student Bundle", including an NYT subscription, for $1.87 a week

Scribd is giving college and graduate students access to its library of digital content, plus a subscription to The New York Times, at what it says is a 40 percent discount.

CEO Trip Adler said that students already make up a significant portion of the subscribers who pay to read e-books, audiobooks, magazine articles and more. The company recently expanded into newspaper articles, so Scribd subscribers can already read select New York Times content. The new Essential Student Bundle, however, includes a full access to the Times library — Adler explained that while Scribd will handle all the billing, subscribers will get a separate login to the NYT website and apps. To sign up, a student verifies their status through SheerID, then they make a one-time, $29.99 payment that covers a four-month period. (That breaks down to $1.87 per week.)