But publishers are leery of idea
(NEWSER) - Amazon is chatting with publishers about starting a subscription-based digital book library—but publishers are reluctant to jump on the bandwagon. Under the Netflix-like proposal, consumers would pay a yearly fee to get access to the library, insiders tell the Wall Street Journal . Publishers, however, are concerned that such a plan could weaken books’ perceived value among customers; it could also damage the publishers’ relationships with other booksellers, they note. "What it would do is downgrade the value of the book business," says a publishing exec. More»
