FishbowlNY FishbowlDC LostRemote InsideMobileApps InsideSocialGames 10,000 Words TVNewser TVSpy AgencySpy PRNewser MediaJobsDaily UnBeige

Oyster Responds to Amazon’s Entry Into eBook Subscription Market

oyster_iphone_book304Oyster, a leader in the Netflix-for-eBooks business, has responded to news that Amazon has entered the burgeoning new marketplace.

“We’re not surprised,” explained Eric Stromberg, CEO and Co-Founder at Oyster, in a statement. “They have pivoted from transactional to subscription-based in other media, and have had limited success. They really paved the way in ebooks, and it’s exciting to see them embrace the market we created as the future of books.”

Amazon’s new service, Kindle Unlimited, will compete directly with Oyster’s eBook subscription service. Both companies charge about $10 a month in subscription fees for unlimited access to their entire library. Oyster’s collection consists of more than 500,000 titles and Amazon’s boasts more than 600,000.

Mediabistro Course

Personal Essay Writing

Personal Essay WritingStarting October 28, work with a published journalist to draft, edit, and sell your first-person essays! Jessica Olien will help you to workshop your writing so that it's ready to pitch to editors. You'll learn how to tell your personal story, self-edit you work to assess voice, style, and tone, and sell your essays for publication. Register now!