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There's one major industry where the Netflix model was a complete flop. Here's a breakdown of what happened to the concept of a "Netflix of books" and why.
The news that the general ebook subscription offering Oyster is throwing in the towel was not really a surprise. The business model they were forced to adopt for the biggest publishers — paying full price for each use of a book with a threshold trigger at considerably less than a complete read while, at the […]
The shuttering of Oyster,
Oyster's strong tech saved it from being another sad ebook startup failure story, but it's another case of platform power edging out an independent startup.
Oyster, a subscription e-books service, launched two years ago “with a simple idea to build a better way to read on mobile.” When invitations to the...
The e-book subscription service is shutting down its operations over the next few months, and most of its staff is reported to be leaving to join Google.
Scribd, the fast-growing ebook subscription service, today announced dramatic cuts to their catalog of romance and erotica titles. Effec...
I’m having a Groundhog Day moment, here. Indies are getting screwed. Exclusivity is death for authors. We are in coach and Big 5 authors are in first class. Our pay is going down. The same discussion exploded on KBoards back in 2011. They were the Kindle Boards at the time, and self-publishing was a lot more stigmatized than it is today. Amazon launched a program called KDP Select, and if you went exclusive with them, you gained two marketing advantages: Your ebooks became part of the Kindle Lending Library, and…Continue reading "It’s 2011 All Over Again"
Self-publishers get screwed in Amazon's subscription scheme.
Amazon’s war on publishers reached a crescendo yesterday with the leak of Kindle Unlimited, a subscription plan that would allow readers to pay $9.99 per month for unlimited access to the Kindle ebook library. No longer content with simply demanding steeper discounts from publishers like Hachette — which is locked in a bitter fight with the ecommerce giant over book prices — Amazon is finally reaching its end goal: the complete dissolution of the traditional book business model through a vertically-integrated publishing platform, from writer to Kindle.
"The everything store" was never the extent of Amazon's ambition. Jeff Bezos has built a business that is, ultimately, about offering every kind of access to every kind of thing. You can buy shoes...
If the back and forth between Amazon and Hachette has you questioning where to buy your next e-book, Target has a potential solution for you. The company announced Wednesday it…