In particular,
the subscription ebook business threatens libraries, but it isn't clear yet how commercially viable it will be.
Not exact matches
These are just high level titles and descriptions — for the detail you will have to wait for and read the
eBook They cover elements of a good customer success practice that you can apply in order to drive a good customer experience in a
subscription economy
business and achieve the success you envision.
Obviously their
ebook unit will never compare to the sheer amount of money their operating system yields, Microsoft Office and 365
subscription sales, the cloud unit geared towards
businesses or even their intellectual property and licensing division.
Penguin Random House UK CEO Tom Weldon has proclaimed that
eBook subscription websites such as Amazon Unlimited, Scribd and Oyster are not viable
business models.
ProQuest's
ebooks businesses — ebrary ® and EBL ™ — are renowned for their breadth of content and flexible models including
subscription, perpetual archive (purchase), demand - driven acquisition, and short - term loans.
The Streaming
business area offers
subscriptions for audio books and
eBooks under the Storytel and Mofibo brands, currently in Sweden, Norway, Denmark, Finland, Iceland, The Netherlands, Poland, Russia, Spain, India, the UAE and Turkey.
I tracked down 19 different
subscription services for
ebooks, most of them now out of
business.
Oyster and Scribd are the only two companies to really make the entire
eBook subscription service a viable
business model.
By Turgay Birand 2015-04-20T14:16:53 +00:00 April 20th, 2015 Categories:
Business Tags:
eBook subscription,
eBook subscription services, indie authors, indie publishers
Examining the
Business Model of
Ebook Subscription Services, Parts 1 and 2 — the second has its own headline, How
Ebook Subscription Services May Redefine the Value of Books — are the lengthiest treatments of the subject I've seen.
Today, Editor in Chief Michael Kozlowski and Senior Editor Mercy Pilkington talk for an hour about the Digital Book World Conference that transpired this week and discuss the
business model of
eBook Subscription websites, how Libraries are acting as retail... [Read more...]
They initially launched in 2009 as a
business document file share site and in 2013 they launched their unlimited
ebook subscription service.
He also talks about the illustrated book
business is on the decline and
eBook subscription services like Oyster and Scribd entering a boom period.
More publishers will endorse the
subscription ebook model by doing
business with Oyster, Scribd and other similar services.
Today, emerging crossmedia
business models, such as film / publishing company Cinestate and audiobook /
ebook subscription streaming service Storytel, and storytelling platform oolipo, allow content creators to envision a new kind of world, uninhibited by format or borders.
Additionally, the main competitor in the
subscription eBook model, Oyster, has gone out of
business.
Editor's Note: Nathan Hull's move in December from his role as digital director with Penguin Random House to chief
business development director with Denmark's Mofibo focused new attention on
ebook subscriptions.
Nevertheless, Mike Shatzkin, the publishing insiders who has been in the industry for nearly 50 years, questions the
eBook subscription citing the failure of cable TV and Audible
business models.
But like the other
business models out there, I'm not sure it's yet clear how profitable or successful
subscriptions for
ebooks are.
Yesterday Oyster announced on their blog that they will be closing the doors on their
ebook subscription service after just 2 years of being in
business.
It looks like Amazon is going to get into the
ebook subscription service
business in the near future, and it's likely to include audiobooks as well.
With
business models that link online stores to specialised gadgets, companies like Apple and Amazon are proving that consumers will pay for music downloads,
ebooks and even online newspaper
subscriptions if you make it easy and attractive enough.
Now, Hsieh, and a lot of
businesses, are pushing for a
subscription to all the
eBooks you would want to read for a single monthly rate.
They do make more money off discrete sales so, no, they do not want to move the entire
ebook business to
subscriptions.
Simon Dunlop, CEO of Bookmate, says that publishers» lack of commitment to or understanding of the
ebook subscription business led to Oyster's demise.
Public libraries were lending
eBooks and
subscription eBook libraries were opening for
business — Oyster in September 2013, Scribd the following month and Amazon's Kindle Unlimited in July 2014.
Nathan Hull is Chief
Business Development Officer at Mofibo, Europe's success story in the world of
eBook subscription models, Nathan's role is to identify the markets in which Mofibo will roll out as well as establishing relationships with media, telco and hardware partners, and negotiating terms with publishers and authors.
Many commentators have claimed that the whole
ebook subscription business is unsustainable, but Amazon is in a unique position of never worrying too much over whether it's making a straightforward profit, but instead more concerned about whether it's building
business.
The
ebook subscription service
business looks to be a sector where it's virtually impossible to make a decent profit, even where you dominate the market.
As we all wait with bated breath for the 15th (or thereabouts) of the month which will reveal August's borrow rate for
ebooks on Kindle Unlimited (my bet is on a range of $ 1.60 - $ 1.70), I thought I'd set out a few numbers I've crunched about the effects of the first couple of months of Kindle Unlimited and the
ebook subscription business in general.
Oyster announced a couple months ago they were exiting the
ebook subscription business, probably because they lacked the resources to make the model work.
Peter Balis, Wiley Vice President,
Business Development, Global Digital Books, says: «We are excited to make our books available through Scribd's
ebook subscription service with their international audience of 80 million users across all devices.
Amazon launched Kindle Unlimited last year in response to Scribd and Oyster which are both running
ebook subscription businesses.
Check out my two part blog series starting with my post, Examining the
Business Model of
Ebook Subscription Services.
And then I look at the pure plays like Barnes & Noble and Kobo, or
ebook subscription services like Scribd, for which their
businesses are almost entirely dependent upon their ability to sell books at a profit.
On January 5, Scribd officially announced that it had secured $ 22 million in Series D funding, which will be used to grow the company's burgeoning
ebook subscription business.
However, Oyster is, of course, a much smaller operation than Amazon's Kindle and widening its
business model to retail has got to be a good move with the uncertain and untried economics of
ebook subscriptions.
In any case, it looks like Amazon could have cracked the
ebook subscription profitability conundrum that's put contenders such as Oyster out of
business despite repeated rounds of venture capital funding.