Monday, September 12, 2011

Mfarhanonline:Amazon Working on a Netflix for Books REPORT

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Mfarhanonline Social Media News: Amazon is planning to launch a service that would offer customers access to a library of books for a fixed monthly fee, the Wall Street Journal reports citing sources familiar with the matter. Amazon is reportedly in talks with publishers about the service, but it’s unclear how far the project has gone along, as some publishers aren’t too happy with the idea. The details about the project are scarce, but it seems that the library would primarily contain older works, with restrictions on how many books a user can access each month. The service would also be available to subscribers of Amazon Prime, a membership program that gives users free shipping and access to movies and TV shows for $79 per year. Amazon has been on a roll this year, having launched Amazon Prime in February, and a subsidized version of Kindle in May. The retail giant reported a 51% jump in revenues for Q2 2011 and the fastest growth in a decade. The company is also rumored to launch a 7-inch tablet , which – according to some analysts – might become a very serious competitor to Apple’s iPad. via WSJ More About: amazon , books , library , netflix For more Business & Marketing coverage: Follow Mfarhanonline Business & Marketing on Twitter Become a Fan on Facebook Subscribe to the Business & Marketing channel Download our free apps for Android , Mac , iPhone and iPad Social Media reviews series maintain by Mayya

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http://www.mfarhanonline.com/2011091231893/amazon-working-on-a-netflix-for-books-report/

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