Revealing look at dynamics of netflix-for-books models. Scribd pulls romance genre because people read oto much.http://www.niemanlab.org/2015/07/what-scribds-growing-pains-mean-for-the-future-of-digital-content-subscription-models/ …
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Replying to @vgr
Apparently what will work for Scribd/Oyster/Amazon-KU is high word-count books that people abandon at <10%. So Piketty-like books basically.
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Replying to @vgr
Charge ~9.99/mo from subscribers, go after people who browse <10 books/mo at <10%, drop books with high read-through.
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Replying to @vgr
...OR target people who read 1 book/mo fully. Barbell market: browsers and finishers. Bad market=readers can finish >1 book and do.
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Replying to @vgr
While I feel sorry for romance authors, it makes sense. New model does not favor addictive reading available of commodity supplied genres
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Replying to @vgr
I think we'll end up with segmented bundling models ($9.99 basic, +$5 for romance channel etc.)
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Replying to @vgr
Best bet for authors: write addictive, high-completion-rate *non-genre* book so you aren't bundled upstairs but remain in basic subscription
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