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BookFree is an
online In computer technology and telecommunications, online indicates a state of connectivity and offline indicates a disconnected state. In modern terminology, this usually refers to an Internet connection, but (especially when expressed "on line" or ...
book A book is a medium for recording information in the form of writing or images, typically composed of many pages (made of papyrus, parchment, vellum, or paper) bound together and protected by a cover. The technical term for this physical arr ...
downloading website, the first to offer free book downloading to all its visitors all over the world. Established in 2000 and headquartered in
Vienna, Virginia Vienna () is a town in Fairfax County, Virginia, United States. As of the 2020 U.S. census, Vienna has a population of 16,473. Significantly more people live in ZIP codes with the Vienna postal addresses (22180, 22181, and 22182), bordered approx ...
, it has an inventory of over 100,000 titles and more than 13,000 subscribers. On June 8, 2007, the company announced that it had delivered its
millionth One millionth is equal to 0.000 001, or 1 x 10−6 in scientific notation. It is the reciprocal of a million, and can be also written as . Units using this fraction can be indicated using the prefix "micro-" from Greek, meaning "small". Numbers of ...
book.


Corporate history

The company was founded in 2000 by Douglas Ross, who had previously run a computer systems company, and Andrew Bilinski, who had worked for the
US Air Force The United States Air Force (USAF) is the air service branch of the United States Armed Forces, and is one of the eight uniformed services of the United States. Originally created on 1 August 1907, as a part of the United States Army Signal ...
, EDS, and BDM International. Ross originally come up with the idea for Booksfree in 1999, and after selling his company was looking at what to do next.
US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...
1 million of start-up funding was provided by friends & associates. In 2008, Booksfree was recognized by Inc. Magazine as one of America's top 5,000 fastest growing privately held companies. In February 2009, they shipped their 2 millionth book. In May 2010, the company launched a complementary online book and audiobook swap servic
BooksfreeSwap
The free book swap service was developed in response to customer demand for books and audiobooks that were not available through their rental service. An audiobook download and streaming servic
AudiobooksNow
was started by Booksfree in January 2012 to meet the growing demand for digital content. On November 2, 2016, Booksfree rebranded itself a
BookLender
The company felt the name BookLender better represents what the company does.


Business model

The company has been described as "the books version of
Netflix Netflix, Inc. is an American subscription video on-demand over-the-top streaming service and production company based in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, it offers a fil ...
", and therefore has a similar business model to
online DVD rental In computer technology and telecommunications, online indicates a state of connectivity and offline indicates a disconnected state. In modern terminology, this usually refers to an Internet connection, but (especially when expressed "on line" or ...
companies. Titles are offered in
paperback A paperback (softcover, softback) book is one with a thick paper or paperboard cover, and often held together with adhesive, glue rather than stitch (textile arts), stitches or Staple (fastener), staples. In contrast, hardcover (hardback) book ...
, CD &
MP3 MP3 (formally MPEG-1 Audio Layer III or MPEG-2 Audio Layer III) is a coding format for digital audio developed largely by the Fraunhofer Society in Germany, with support from other digital scientists in the United States and elsewhere. Origin ...
CD
audiobook An audiobook (or a talking book) is a recording of a book or other work being read out loud. A reading of the complete text is described as "unabridged", while readings of shorter versions are abridgements. Spoken audio has been available in sc ...
formats. Separate monthly membership plans are offered for each medium starting at $9.99 for books, $12.99 for MP3-CD audiobooks, and $22.49 for CD & MP3 CD audiobooks. A combination membership encompassing all media is also available. Each plan limits the number of items that can be checked out at any one time. Subscribers can pay a higher monthly fee in order to increase that limit. It is also possible to rent individual titles without having a membership.


Memberships

Subscriptions to the site have grown from 4,000 in 2002 and 5,000 in 2003 to over 13,000 in 2007. The vast majority of Bookfree's subscribers are women, and the company has received coverage in many magazines aimed primarily at a female readership such as
Woman's Day ''Woman's Day'' is an American women's monthly magazine that covers such topics as homemaking, food, nutrition, physical fitness, physical attractiveness, and fashion. The print edition is one of the Seven Sisters magazines. The magazine was fir ...
, First for Woman, and
O, The Oprah Magazine ''O, The Oprah Magazine'', also known simply as ''O'', is an American monthly magazine founded by talk show host Oprah Winfrey and Hearst Communications. Overview It was first published on April 19, 2000. , its average paid circulation was ...
.


Competitive environment

The company's founders were quoted in 2002 as considering their main competition to be
libraries A library is a collection of materials, books or media that are accessible for use and not just for display purposes. A library provides physical (hard copies) or digital access (soft copies) materials, and may be a physical location or a vir ...
and online book retailers, noting that each has drawbacks compared with Booksfree. Comparisons between the services generally focus upon the availability of audiobooks from Booksfree and their decision to not carry
hardcover A hardcover, hard cover, or hardback (also known as hardbound, and sometimes as case-bound) book is one bound with rigid protective covers (typically of binder's board or heavy paperboard covered with buckram or other cloth, heavy paper, or occa ...
books.


References

{{Reflist Retail companies established in 2000 Internet properties established in 2000 Companies based in Vienna, Virginia Online retailers of the United States American book websites Book rental