Do/Would you use a subscription service for books?
Amazon just accidentally previewed a new subscription service called Kindle Unlimited today. Built in direct competition to Oyster and Scribd’s subscription services, I’m curious to see what happens with this new venture. Personally, I don’t read enough books (shame on me!) to warrant a monthly service at $9.99 a month. I’m lucky to clear 12 books a year. By the looks of it, so far they only have a few publishers signed on in addition to their indie authors’ books already signed up for Kindle Select.
Some authors are already worried that this could lead to a drastic reduction in royalties. Others are worried that they won’t have the option to opt in or out of the service, separate from being in Select. Of course, this is all just speculation as Amazon has not officially announced (or launched for that matter) the Kindle Unlimited service.
So, what are your thoughts? Do you use a subscription service? Will this make you want to sign up for one, or switch from the one you have? Comments welcome!