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!
I read about 180 -200 books a year. I don’t subscribe to any service. I enjoy hunting in my local bookstore or ordering from other authors. It will reduce royalty, also could juggle rankings– Amazon likes to test ideas and see if the pasta sticks on the wall. They wait and see if there is backlash, or if they profit, then they improve whatever isn’t working. Amazon is here for the long run. I believe Bezos is a smart CEO perhaps brighter than Doug McMillon who runs Wallmart. We know the plotting for that story.
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I have no doubt about Amazon and Bezos. It’s quite the machine. As an author, I just don’t want to see them ruin a good thing.
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I’ve never used a subscription service, but I’ll be following this story with interest. Thanks for stopping by my blog and liking my post!
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You’re welcome! Thank you! 🙂
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