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Friday, July 18, 2014

Kindle Unlimited?

From Digital Book World

Amazon is testing an all-you-can-read subscription ebook service to compete with firms like Scribd and Oyster, according to multiple blogs, citing Web pages on that have now been removed.
The service is reportedly dubbed “Kindle Unlimited” and has over 600,000 titles for $9.99 a month, many from Amazon Publishing and Kindle Direct Publishing, the self-publishing arm of Amazon. A quick survey byGigaOm revealed no “big five” publishers in the mix. Both HarperCollins and Simon &Schuster do business with Scribd and Oyster, which offer a selection of about 400,000 each to readers for $8.99 and $9.95 a month, respectively.
No word yet on how the service would work in conjunction with the Kindle Owners’ Lending Library, which allows Amazon Prime customers who also own Kindle devices to borrow one ebook a month free of charge. Also no details have emerged on how authors and publishers will be compensated. Amazon has not yet responded to request for comment.
UPDATE: Publishers Lunch is reporting that at least some publishers will be paid as if an ebook has been purchased every time one is read on the Kindle Unlimited platform. Scholastic has confirmed as much.
According to cached pages linked by GigaOm, Kindle Unlimited offers “unlimited access to over 600,000 titles and thousands of audiobooks on any device for just $9.99 a month.”

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