StoryShares lets teachers create virtual classrooms for free and offers a collection of books that students can read. Even better, there’s an option that provides audio of the text in a pleasing-to-the-ear-voice.
The best part of the site, though, is that students can also write and publish their own books to share.
Right now, students have to register by their own email. That’s pretty cumbersome, and I’ve suggested to them that they create an option that lets teachers add students, which is how similar sites operate. In addition, they don’t provide the ability for students to annotate text right now, but say they’ll have that up and operating in a couple of months.