As two ebook subscription services plan to launch this fall, the book publishing industry is still grappling with how to deal with this new digital business model, reports the Wall Street Journal.
EReatah, a North Carolina-based start-up, has reportedly inked a deal with Simon & Schuster, Sourcebooks and other publishers for a “limited” ebook subscription service. Much-discussed New York-based start-up Oyster would not confirm to the newspaper if it had signed up any large publishers.
When it comes to their struggles, ebook subscription services perhaps have the least to fear from each other. The real battle will be fought with publishers, authors and agents, who may not go for a Spotify-like business model for publisher and artist compensation. The battle will also be fought with consumers, who will need to be convinced that they should pay $5.00 or $10.00 a month to read all they want when buying the books that most people read in a year would often cost far less on an annual basis.
One possible solution for these digital book start-ups: Look to youth.
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Via: Digital Book World