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I think the appeal is in subscription. If an author self publishes and goes wide to sell the ebooks, then they are doing the exact same thing as a traditional publisher. The only thing they gain is bypassing the gatekeeper.
The only subscription model that is sustainable appears to be KU. As a reader I don't have to feel bad for taking advantage nor is there any risk involved for picking a wrong book. Wrong book can just be returned for a different one without counting against a quota. You can hate it or embrace it. I don't see any need to look wide when I can find enough in KU.
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