Amazon.com Inc. is talking with book publishers about launching a Netflix Inc.-like service for digital books, in which customers would pay an annual fee to access a library of content, according to people familiar with the matter.
Or: Spotify for Books.
I think I’ve blogged before how I think this is a potential killer product; people only read (most) books once, so a rental model rather then a ownership model makes way more sense.
There’s also nothing stopping them replicating the ad-supported free service as well, or how about you get a year’s free service when you buy a Kindle? Could be very interesting indeed.