A Spotify for Books?

11 Oct 2012 1:29 PM | Digital Rights Committee (Administrator)
A NYC-based startup called Oyster announced today that it has received $3M in financing. Oyster aimes to adopt the Spotify model, in which members can read an unlimited number of books for a single monthly fee.   Many questions arise: What terms will Oyster be asking of publishers?   Will Oyster report the number of copies read on a title-by-title basis?   And how will publishers — who will presumably be licensing their entire lists, not per-title deals —  allocate revenues to a given title?    You can read more about the venture here.
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