The Netflix model of paying a low monthly subscription to have access to a copious amount of videos is prompting other companies to adapt the business model in other sectors. Startup Oyster currently serves over 100,000 eBooks and investors are feeling bullish about the future of reading. Today, it was announced that Highland Capital Partners and Peter Thiel’s Founders Fund … [Read more...] about Oyster Raises 14 Million – Investors Bet on Netflix for eBooks Business Model
Oyster ebooks
Smashwords Illuminates Authors on Oyster eBook Royalties
Oyster is out to win over the reading community with an offer that is hard to resist: a library full of ebooks for just $9.95 a month. No wonder the Oyster offer is being equated to Netflix, which has a similar monthly plan for watching videos.  The company has recently released a series of apps for phones and tablets and helps readers tap into an ecosystem of  100,000 ebooks. … [Read more...] about Smashwords Illuminates Authors on Oyster eBook Royalties
Oyster Wants to be the Netflix of eBooks and Raises 3 Million in Funding to Make it Happen
Oyster has noble ambitions of being the Netflix or Spotify for digital books. They have just raised over three million dollars in venture capital funding to make this a reality. The intention is to offer thousands of eBooks available to read on a monthly basis for a annual subscription fee. Many other companies have claimed to be the Netflix of eBooks, but have never gained … [Read more...] about Oyster Wants to be the Netflix of eBooks and Raises 3 Million in Funding to Make it Happen