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It definitely seems a weird conclusion - first of all because the four companies are obviously NOT doing things the same way (Oyster and Scribd seem to be, but Kindle Unlimited and Entitle don't) but also because 'new service not yet profitable' isn't the same thing as 'formerly profitable service unable to maintain business'.
Having said that, I like Scribd's selection but hate their font and lack of customization and, of course, being forced to read on an app or browser and will cancel my 30 day free trial before it goes paid.
I like Kindle Unlimited's ability to be read in eink with all that entails (and it's actually fine for rereads, because unlike the lending to a friend program, you can borrow a book multiple times) but the selection is relatively poor and I only subbed for 2 months. This isn't helped by the fact that browsing for eligible books is a huge pain and trying to figure out what beyond the highlighted high-profile books were available through it was frustrating. If their catalogue increases, I'd consider it again.
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