Amazon appears poised to once again change the face of the book publishing industry. As if the Kindle wasn’t enough, Amazon’s new vision for e-readers could turn your Kindle into a full-blown library, with access to thousands of book titles. According to a report released in the Wall Street Journal, Amazon aims to do to book lending what Netflix has already done to movies by allowing users to pay a flat subscriber fee, and subsequently have access a large selection of books.
The book lending program will likely be included in the $79 annual cost for Amazon Prime, which currently provides two-day delivery for all purchases and access to online videos. The story is the most detailed report to come out since rumors started circulating early in the summer about an Amazon lending program.
The book industry is reportedly lukewarm about the idea, with some understandable questions about whether or not the program will help or hurt an industry that is already in trouble.