There have been several speculations on this subject, and finally, after so many rumors Amazon has eventually launched the subscription service that will enable the subscribers to access unlimited e-books at the cost of $10 per month. NetFlix-style has been adopted for the Kindle Unlimited service where the users will be able to access more than 600,000 eBooks, including the likes of “The Hunger Games” and “Diary of a Wimpy Kid”.
The subscription service of Amazon is making a huge buzz in the market and more so after its official launch, but it does have some loopholes. Many famous titles are absent from the subscription box of Amazon Kindle Unlimited. The customers who are fond of books like Laura Hillebrand’s “Unbroken” or Veronica Roth’s “Divergent” will not be able to access these books on this service.
Most of the authors have the tendency to publish the books with multiple houses and hence, the subscribers may download certain books by these authors, but for the other titles, they will have to struggle a bit.
The relationship between Amazon and major publishers has grown tricky these days. Amazon has been facing criticism by a lot of experts for dominating the e-book segment through tough negotiations with the publishers. The recent example of such a tiff between Amazon and publishers is that between Hachette and Amazon. They have remained at a standoff for a long time because of disagreement on the e-book terms. This dispute still remains and it has not been solved as of yet.
This service offered by Amazon is not very exclusive and similar services have been launched by the other companies before. For example, Scribd and Oyster have launched a similar service with a competitive subscription fee. Scribd offers more than 400,000 titles and its subscription costs the user $9 a month. On the other hand, Oyster offers 500,000 titles to the customers and it can be availed at the cost of $10 per month.
The senior vice president of Kindle, Russ Grandinetti stated, “Kindle was by far the most cost-effective way to enjoy Audiobooks and e-books together.”
We will simply have to wait and see how this subscription plan fares Amazon’s credibility in the market.