Amazon as Digital Lending Library

Amazon is in talks with publishers about creating a “Netflix of books,” according to the Wall Street Journal. The story, based on unnamed publishing executives, has few details beyond that the program would give Amazon Prime customers free access to a limited number of older titles a month and would pay publishers a “substantial fee” for participating.

The story also says that several publishing executives did not warm to the idea, because it could lower the perceived value of books and create conflict with other retailers.

Amazon did not comment for the story.

Those who don’t understand libraries are already predicting such a move will “momentously affect” them.

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