ReadCloud is a fascinating free site that may be useful for teacher librarians and English literature teachers.
ReadCloud offers free eBooks to either read online or to download and read later. All books are those out of copyright, so expect classics like Pride and Prejudice, Jane Eyre, Wuthering Heights, Great Expectations and War and Peace.
ReadCloud also offers online reading groups, and enables teachers to manage groups of readers, who can be added by invitation and kept private. Groups can add comments and make reading interactive and therefore more engaging and collaborative. There is also the opportunity to change the font of the text, search a dictionary and search the internet. This makes ReadCloud ideal for student use, however it could also be used for staff book clubs and private book groups.
This presentation explains more:
ReadCloud is an Australian development and well worth investigating.