“E-books are getting the Spotify subscription model. Books have long been the last holdout as music, movies, games and even TV shows and magazines have embraced the subscription model. Pay a single monthly fee and you can gorge on all the content you can cram into your eyes and ears. But on Tuesday, Tim Waterstone, the founder of the UK bookstore Waterstones, announced Read Petite, a subscription streaming service for short fiction. It’s a baby step toward a new model that could shake up an industry that has seen traditional books losing ground to e-books, which comprised 22.5 percent of the book market in 2012.” (via Wired.com)
WSJ – “A Spanish company is hoping to do to books what Spotify has done for music; give readers access to a library of content to be streamed to their computer or mobile.
24symbols, a Spanish start-up created all of nine months ago, is online in beta mode since March 31, with 10,000 testers that have signed up to check out some books, mostly novels.”