3 of the Big 5 publishers now testing out 'Netflix for e-books' model
The majority of the Big 5 book publishers have now tiptoed into the e-book subscription space.
Oyster and Scribd, two of the leading e-book subscription services, made back-to-back announcements on Tuesday that they had reached separate deals with Macmillan to add 1,000 titles to their growing digital libraries
The agreement makes Macmillan the third of the Big 5 to partner with the e-book subscription startups. As with Simon & Schuster, which partnered with the companies a little more than six months ago, Macmillan appears to only be offering a selection of its titles in an effort to test out the space. (The Big 5 include HarperCollins, Simon & Schuster, Macmillan, Penguin Random House and Hachette.)