Amazon Is Testing a $10-Per-Month Ebook Service

Nate the greatest (2261802) writes "Details are still scarce but it looks like Amazon is going to be launching a competitor to Scribd and Oyster. Earlier today new pages leaked on the Amazon website which mentioned Kindle Unlimited, a new subscription ebook service. The pages were quickly removed, but not before we got some screenshots. If the screenshots are to be believed Kindle Unlimited is going to offer a catalog of over 600,000 titles for $9.99 a month. The news hasn't been confirmed by Amazon but those pages were seen by a number of authors and bloggers, including indie authors who confirmed that the new service is mentioned in their sales reports."

High useage

[gurps_npc]

I am a heavy reader and this would save me money.

But it would also mean I would have to give up paper and switch entirely to my e-reader, which I currently use for about 1/2 to 1/3 my purchasers. There are a lot of advantages still for paper books- charts, graphs and pictures for example do not show up well on ereaders. Nor do I worry about taking a paperback anyplace. I can take them on a camping/rafting trip.

It would also mean I would end up being locked into Amazon, not a good thing. I don't trust them as much as I trust Barnes and Nobles, as they have done vile things before (Hatchet, pulling back books people purchased)

yeah it is a good thing for me (as an author)

[netsavior]

My DRM-free, Amazon hosted and sold ebooks already net me more revenue via "Kindle Lending Library" (where customers may pick one "free" book per month if they are prime and kindle customers) than they do via sales.

The way the lending library works is they fund it every month, then they divide it up based on how often your book was checked out. I assume the ebook service would be similar, but better funded.

Re:Subscription Everything

[CastrTroy]

I think it's actually quite a good way to get your music/movies/tv shows/books. I think it make the least sense for music because music tends to have a lot of replay value. People will listen to the same song or album over and over again. But for books, movies, and fiction books, you might use them once, twice, maybe even 20 times, but most people are constantly watching/reading new stuff. There's very little point to having a collection of movies you've already seen, or a house full of books you've already read. If they can get the price right, then they stand to make more money, and the person consuming the content will have access to a much larger library then they could every hope to purchase on their own. They are also more likely to branch out and look at other genres they hadn't considered before because they don't have to spend extra money to do so. And for media, it doesn't really matter much if you stop paying the subscription because you lost your job. You just can't watch any movies until you get a job again. Which many people are probably OK with. If it means I could have access to all of (or a large subset of) the media produced, I'm much happier spending $10 a month to have access to everything than spending $10 a month to have only 1 new item every month.