Amazon proposes ‘Netflix for e-books’ for Prime subscribers
September 11, 2011 | 11:15 pm
The Wall Street Journal is reporting that anonymous sources say Amazon is in talks with publishers to launch a “Netflix for e-books” service for Amazon Prime subscribers, under which the subscribers would get free access to an electronic library of older content. It would take its place alongside the streaming movies and TV shows Amazon already offers Prime subscribers.
Amazon is planning to offer publishers “a substantial fee” for taking part, but it may have an uphill battle. If publishers were so threatened by $9.99 e-books maybe giving consumers the idea that e-books should be cheap that they upended the entire e-book industry with a new pricing model, it is hard to imagine that they would want to let consumers have even older e-books for free.
(Found via CNet.)