Publishers like subscription models, because you get that steady stream of income that automatically gets paid out over time. Consumers like subscriotions if they get the same thing for less than the newsstand price. Thereby hangs the possibilty of a business model.
I might add that exactly the same objections were made to the idea of rental and subscription models for movies, and contracts had to be written or rewritten there too.
Now , we take movie rentals and streaming video options for granted.
THe same writer EW referenced wrote the following:
Quote:
I've never been one to shy away from predicting the future. If asked, I’d say in the next 24-months, Amazon's Cloud Drive, their controversial cloud based digital music locker, announced on March 29, 2011, will evolve into a book service, with revenue generated by purchases, advertising and subscription revenue. Lockers and "lock in" are good for digital businesses that are having difficulty figuring out how to sustain a business based on piracy prone digital downloads. Amazon, as a player in the music space, knows that only 16.5% of American internet users over the age of 13 purchased music in the third quarter of 2010. If purchasing digital content is optional today, how do you make it worth someone's while to buy a down loadable book that is otherwise available on a torrent site? The answer the music industry has come up with is convenience, quality and legal.
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You should RTWT.
That guy knows his stuff, IMO.