Amazon has just started a “Kindle Unlimited” feature in their store.
For one price ($9.99 per month) you have access to over half a million books. Read as many as you want!
It’s kind of a Netflix for books.
While this is not a new business model, Amazon is certainly the biggest dog in the marketplace to try this approach. I think the key to their success will be the quality of the books they offer.
As a writer I’m interested in how this approach will work out and if it will become a standard way to distribute books.