{"id":286956,"date":"2011-09-12T16:30:00","date_gmt":"2011-09-12T16:30:00","guid":{"rendered":"http:\/\/www.wdev.rochester.edu\/College\/translation\/threepercent-dev\/2011\/09\/12\/heres-my-million-dollar-idea-a-sort-of-spotify-for-books\/"},"modified":"2018-04-16T16:16:59","modified_gmt":"2018-04-16T16:16:59","slug":"heres-my-million-dollar-idea-a-sort-of-spotify-for-books","status":"publish","type":"post","link":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/2011\/09\/12\/heres-my-million-dollar-idea-a-sort-of-spotify-for-books\/","title":{"rendered":"&#34;Here&#39;s My Million Dollar Idea: A Sort of Spotify for Books&#34;"},"content":{"rendered":"<p>For those of you who listen to our (semi) weekly Three Percent podcast, you may remember a discussion Tom and I had a month or so ago about the idea of a &#8220;Spotify for books,&#8221; whereby someone could subscribe to have unlimited access to all ebooks available on a given platform. As with Spotify, you wouldn&#8217;t actually &#8220;own&#8221; these books&#8212;if you stopped paying your $10\/month (or whatever) the ebooks in your &#8220;library&#8221; would become inaccessible, etc. (Critics of this model like to point out that the same thing would happen if this &#8220;unlimited subscription&#8221; service were to go bust at some point.) <\/p>\n<p>This is a rather simple model, one that&#8217;s very much like Spotify and Netflix, and only really applicable to books now that ereaders are fairly affordable and a significant number of books have been digitized. <\/p>\n<p>It&#8217;s also an idea that <a href=\"http:\/\/www.rttnews.com\/Content\/BreakingNews.aspx?Node=B1&amp;Id=1710965\">Amazon is trying to put into action:<\/a><\/p>\n<blockquote>\n<p>Online retailer Amazon.com, Inc. (<span class=\"caps\">AMZN<\/span>: News ) is close to launching a digital book library and is in talks with book publishers, according to the Wall Street Journal on Sunday. The library will enable customers to access a digitized content by paying an annual subscription fee, similar to the service provided by Netflix, Inc. (<span class=\"caps\">NFLX<\/span>). [. . .]<\/p>\n<\/blockquote>\n<blockquote>\n<p>The launch of the digital library by Amazon could also further harm the print media and could lower the cost of print books and the demand for them.<\/p>\n<\/blockquote>\n<p>Couple quick points: <\/p>\n<p>1) I am a shitty capitalist. Not that I&#8217;m the only person to have ever thought about this, but it seems like one of those things that a smarter, more money hungry sort of person would&#8217;ve been proposing to a venture capitalist\/Amazon a million months ago. <\/p>\n<p>2) I actually think these services are good for print media (and the music industry). The issue of why you read\/listen to what you read\/listen to, and how you stay within your prescribed comfort zone, is a topic much to large for this ephemeral blog post, but if there&#8217;s ever a situation where readers\/listeners are willing to &#8220;take a chance&#8221; on something out of the ordinary, it&#8217;s this sort of unlimited subscription model. Before Rhapsody (which I subscribed to <em>for a decade<\/em> before shunning them in favor of the younger, sexier Spotify), I bought maybe 6 CDs a year, listened to music occasionally, and would pirate things I maybe thought sounded OK, but wasn&#8217;t necessarily sold on. Rhapsody changed everything. This past weekend, I listened to tracks from at least 30 artists I had never before heard of, discovering a few I liked, and a number that were just meh. From a user&#8217;s perspective, this sort of noodling is essentially free, since you pay $10\/month to check out any and everything you want. For presses like Open Letter, a service like this could be golden, since someone interested vaguely in international literature, but unwilling to spend $15 or even $9 on a book by an author with a strange name, would be able to start reading that book for a price that, within their mind at least, is basically $0. It&#8217;s like how you start watching strange shows on cable just because they&#8217;re there . . . There&#8217;s no risk in starting <em>Museum of Eterna&#8217;s Novel<\/em> and finding out if you think it&#8217;s the &#8220;First Good Novel.&#8221;<\/p>\n<p>3) This service would convince me to buy an ereader. Not to replace my current book collecting obsession (on recent trip to New York I gave away 4 Open Letter books to reviewers and booksellers and bought 6 new titles), but to supplement it. There are things I don&#8217;t want to own, and books I&#8217;d like to just check out. It would be like a massive library right in your hand! <\/p>\n<div class=\"ad_banner\">\n<a href=\"http:\/\/catalog.openletterbooks.org\/authors\/31-basara#cyclist\"><img decoding=\"async\" src=\"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/images\/761.jpg\"  \/><\/a>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>For those of you who listen to our (semi) weekly Three Percent podcast, you may remember a discussion Tom and I had a month or so ago about the idea of a &#8220;Spotify for books,&#8221; whereby someone could subscribe to have unlimited access to all ebooks available on a given platform. As with Spotify, you [&hellip;]<\/p>\n","protected":false},"author":292,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[67486],"tags":[8206,12586,14906,1646,42486,42116,42476],"class_list":["post-286956","post","type-post","status-publish","format-standard","hentry","category-articles","tag-amazon","tag-future-of-bookselling","tag-future-of-reading","tag-review","tag-rhapsody","tag-spotify","tag-unlimited-subscription"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/posts\/286956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/users\/292"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/comments?post=286956"}],"version-history":[{"count":1,"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/posts\/286956\/revisions"}],"predecessor-version":[{"id":320246,"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/posts\/286956\/revisions\/320246"}],"wp:attachment":[{"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/media?parent=286956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/categories?post=286956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/tags?post=286956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}