Originally Posted by Fbone
I wonder what the annual cost would be? Fast readers may benefit greatly.
It kind of would be based on what the model would be. Let's look at the movie cycle. THe cycle is as follows: movies are released into the cinemas. If successful, after six months, they are availabe, first on DVD. After a year, they are on cable, then maybe after 2 years, they are available for streaming on Netflix.
Now with ebooks, the cycle is that the major publishers offer ebooks at around 50 per cent of the hardcover
price (12.99-14.99), then when it goes to paperback, the price goes to 7.99-9.99
A possible model is this:
YEAR ONE - Download and purchase option only -12.99-14.99
YEAR TWO- Purchase option-9.99 but also an option to rent-2.99-3.99 for three weeks (like the library).
YEAR THREE- The YEAR TWO options ,but with the additional option that the book may be part of a subscription pool that you can access if you sign up to pay X dollars a month for 12 months.
A big question would be how many ebooks you would be allowed to stream. There may be tiered pricing, based on whether you can access one book per week, two books per week, etc. (Netflix has tiered pricing in its DVD plans).
Another big question would be the quality and depth of the subscription pool. It wouldn't include the latest and the greatest, and it is likely that the publishers would allow only the books that are on deep backlist into such a pool. With Netflix, streaming only subscribers get only part of the Netflix catalog. They complain a lot about that, but they continue to subscribe because of the convenience of having instant access to even a limited number of movies and TV shows. More discussion on subscription options HERE