The Future of the Ebook
Avid readers are constantly bickering over whether or not ebooks reign supreme, or if print is still the gold standard. One little Canadian startup, however, thinks that a little of both is the solution to keep everyone happy, and they’re starting to convince the players in the publishing game that matter most.
Bitlit, an app Read More
Welcome to Freshly Minted, where we examine an overlooked deal or funding announcement in tech from the past week, and tell you what you need to know, and why it matters.
This week’s deal: Oyster, the Netflix for books, signed a deal with Simon & Schuster that will give Oyster subscribers access to Simon & Schuster’s entire backlist.
Oyster, a service that charges $10 a month for all-you-can-read access to a library of half a million books, just added heavyweight Simon & Schuster to their list of publishers. That makes two of the Big Five companies that dominate the publishing game, and if Oyster can sign on the remaining three publishers, they could take their place among companies like Spotify and Netflix as one of the great subscription titans of the decade.