Amazon, Planning to Launch Netflix-like Digital Books Service
A report from Wall Street Journal claims that Amazon is planning to launch a Netflix-style service for digital books.
Based on unnamed sources, Amazon is currently talking with several publishers regarding the said program — which would provide access to an online library in exchange for an unspecified annual fee. The sources also claim that the service would be available for Amazon Prime subscribers, and that the proposed library would feature primarily older works with monthly restrictions on the number of books a subscriber could read for free. Publishers would reportedly pocket a substantial fee for signing on to the program, even though some are reluctant to participate for fear that it might downgrade the value of the book business.
Apparently, it is still unclear whether any publishers agreed to participate on the said program.
In case this program will push through, what are your insights for Amazon’s digital books service?View Article Source »