Tauted as being the «Netflix for Books»,
Oyster book subscription service is closing.
Not exact matches
The
service, which will offer 600,000 titles and thousands of audiobooks for a monthly fee of $ 9.99, takes aim at
book subscription forerunners
Oyster and Scribd.
Starting today, authors with works in Draft2Digital's catalog of 50,000 +
books can opt into
Oyster's
subscription service,
Oyster Unlimited, which has more than a million titles in its library.
Owen also pointed out that HarperCollins is the only Big 5 publisher that has signed on with Scribd, «just as HarperCollins is the only Big 5 publisher making its
books available to
Oyster or to another recently launched ebook
subscription service, eReatah.»
Oyster is one of the leaders in the field of e-book
subscription services, where users pay a low monthly fee and get access to thousands of digital
books they can read at their leisure.
While there are
subscription services like
Oyster Books and Kindle Unlimited, a lot of these
services haven't signed deals with the major publishers.
He also talks about the illustrated
book business is on the decline and eBook
subscription services like
Oyster and Scribd entering a boom period.
Oyster's
subscription book service will continue to operate for the rest of the year, after which it will be shut down.
Oyster, which had more than 100,000 subscribers, met its match last year when Amazon launched a competing
subscription books service.
The deal makes
Oyster the only e-book
subscription service to offer all 10
books.
Scribd and
Oyster hit the nail on the head by creating
services that balance the intersecting interests of readers, authors, publishers, the
subscription service itself and the culture of
books in which we all participate.
Subscription services like Scribd and
Oyster ran into problems because they paid out based on the list price of
books, regardless of how many subscribers they had and the average number of
books a subscriber read per month.
Another reason that some retailers need to keep track of how much of a
book has been read (if not who's read it) is that
subscription services like
Oyster and ScribD pay the publisher based on a percentage of the
book that was read, while KindleUnlimited pays about half a penny per «page.»
Securing viable deals with
Oyster and Scribd late last year, Mark Coker foresaw how
subscription services could fulfill the world he would like to see in the future which is a «world of many virtual bookstores, with many
book consumption methods, and many successful companies that are dedicated to putting
books in front of reader eyeballs.»
He also said there are five things to know about unlimited
subscriptions, including the fact that startups such as
Oyster and Scribd are now on borrowed time to prove their worth (about 18 months), and publishers have options, which means they can help the startups by choosing to enroll their
books in those
services.
Books & Ebooks in the News: Amazon launched Kindle Unlimited, a
subscription ebook
service similar to
Oyster and Scribd.
Fortunately, we see new
services pop up in various parts of the
book market several times each year, and Amazon competes with each in turn; would Amazon offer a
book subscription service if
Oyster and Scribd didn't exist?
The app competes with
Oyster, a similar e-book
subscription service, and Amazon Kindle Unlimited, which also gives you unlimited access to select Kindle
books for a monthly fee.
At Re / code, Peter Kafka and Mark Bergen report that
Oyster, the company that offered a
book subscription service a la Netflix, «is shutting down.»
Through the new
service, Amazon enters direct competition with other e-book
subscription services like Scribd and
Oyster, two slightly cheaper
services with a smaller selection of titles but including
books from popular publishers like HarperCollins.
If readers truly stop buying Kindles and switch to iPads or cheaper alternatives, there will be more experimentation around content and how it is paid for, with
book subscription services such as Scribd and
Oyster — or those run by audio -
book companies including Audible and Bardowl — coming to the fore.
Content expansion in all - you - can - read
subscription models — No, I'm not just talking about more
book publishers participating in
services like
Oyster and Kindle Unlimited.
Kindle Unlimited is Amazon's response to the initial success of ebook
subscription services such as Scribd and
Oyster Books.
Between Scribd,
Oyster and Kindle Unlimited, subscribers to these
services aren't necessarily exposed to the price of the
book, which means retail price isn't a decision factor, and we don't separate out
subscription sales from our data set.
Publishers are signing up to
subscription services at this year's Frankfurt
Book Fair despite the recent news that start - up
Oyster, a proponent of the model,... Read more
Reports indicate that although none of the Big 5 publishers has signed up for KU, the publishers that have signed have done so for a deal of 60 % of list price, which seems to be the going rate for distribution through rival ebook
subscription services such as Scribd and
Oyster Books.
The
Oyster app, which is a
subscription service that gives you access to unlimited e-
books for a monthly fee (described as the «Netflix for
books»), has a new built - in Lumin feature that automatically adjusts the tint of the screen depending on what time of day it is.