Global brands may appear to dominate ebook subscriptions, but nimble, local publishing startups across Europe are winning authors’ hearts and minds.
Simon & Schuster CEO Carolyn Reidy is eagerly exploring new business models but acknowledges there’s still room for old-fashioned intuition in publishing.
Simon Dunlop, CEO of Bookmate, says that publishers’ lack of commitment to or understanding of the ebook subscription business led to Oyster’s demise.
Oyster, one of the first and most prominent ebook subscription services, is shutting down, with much of its team moving on to Google Play Books.
French app BookWeather is a social network that rates books as you might describe the weather, that also offers a bespoke physical book subscription service.
Amazon launched Kindle Unlimited in India with local publishing partners that include Jaico, Westland, Grapevine, Orient, and Sinclude, and more promised.
Scribd found romance readers gorging on books through the ebook subscription service are costly, and now the company is cutting back on the genre.
Playster, a digital multimedia streaming platform, will now sell ebooks from Simon & Schuster on a subscription basis.
Pigeonhole a young, digital-only publisher in the UK, is commissioning new fiction, refashioning classics, and offering their ebooks via serialization and subscription.
France is once again putting pressure on Amazon, this time through ebook subscription. Ironically, France’s homegrown subscription services may suffer more.