Amazon in talks to launch subscription based digital library

Amazon is preparing to launch a new service for digital books and talking with a lot of publishers who could join the program

Amazon.com is reportedly talking to book publishers about launching a service for digital books where customers will be able to access a library of content by paying an annual fee. Though it’s unclear about all the traction details but according to some publishing executive they aren’t looking forward about the idea by Amazon as they believe the value of the books will degrade after that kind of a program, and even their relations with the retailers might be affected.

Amazon has been planning to release one of its 10” tablets by the first quarter of 2012 and they might be planning to provide this service on their tablet. Along with this release they also might have an updated Kindle e-book reader coming in a few weeks, which might have a positive effect after Amazon get success over this release of their service regarding the digital book publishing.

This is good news for a lot of consumers - those who are increasingly getting attached to their computers, tablets and other electronic devices for reading books and watch TV.

Amazon also told the publishers that they are considering creating a digital book library featuring older titles, according to same peoples familiar with the talks. Some even said that the content will also be made available to customers of Amazon Prime, who currently pay the retailer $79 a year for unlimited two day shipping and as well as the library of movies and TV shows. They are also going to offer a substantial amount of the fee even to the book publishers even for participating in the program.

Some of the people expressed that Amazon would restrict the amount of books that the customers could read each month.

The fact about the signing of the publishing executives is still unclear.  Let’s see if Amazon can get success in compromising the publishers with their program in the real future, and if we can avail this service in the tablets from Amazon.

Source(s)

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Author: Pallab Jyotee Hazarika, 2011-09-13 (Update: 2012-05-26)