@ Andrew H
You make some good points. However, the subscription model offers two advantages:
1. You can get better prices than if you buy items individually
2. Curation.
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And who would subscribe to an indie subscription service? Finding an indie you like requires going through a *lot* of chaff - paying for a subscription means your choice is limited.
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As you have pointed out, curation is needed-greatly needed-for indie writers. I can envisage an indie subscription service offering curation from a trusted team of reviewers and a modest price advantage .
For major publishers, price would remain the major consideration.
The advantages of subscription haven't disappeared because of the Internet. Despite what you read, the Internet hasn't quite abolished the laws of economics.
The Book of the Month Club is still going at
BOMC