Amazon rumored to Kill Libraries with new Digital Library Service based on Netflix Model [Update]

Amazon is rumored to take eBooks to the next level with launching book rental. The Wall Street Journal reports that Amazon is supposed to launch a library style service where customers pay an annual fee to access content. It would work like Netflix, where you can take out a number of books and get others when you check them back in.

Amazon is supposed to shop around the Kindle Library idea to publishers right now. Amazon is supposed to offer the library service to Amazon Prime ($79/year) customers. The library would contain older titles for a start (just like in the real world).

I think this is a great idea and would allow customer to save a bundle satisfying their reading habit. At the same time it would make the Kindle ereader an even more attractive device for reading. 

Update:
Well, Amazon is not killing libraries. Amazon announced today that 11,000 public libraries will now offer Kindle eBooks for rent.

Updates

A nice gift for a boyfriend?

Source: GirlsAskGuys.com

I'll be gone for a month this summer, and I thought it'd be nice to give him a gift before I leave. I don't know what to get him though. Any ideas? When you are on a question page, id of that question can be found in yo ...
Full article at: GirlsAskGuys.com  More like this  1 hour ago

If you are in charage of planning the first 3 dates, where would you take them?

Source: GirlsAskGuys.com

I'm making a list of great date ideas! Think of as many as you can! When you are on a question page, id of that question can be found in your browser address bar (URL). Ex: This question id is 671651 do you really love going to the gym as a date? There ...
Full article at: GirlsAskGuys.com  More like this  1 hour ago

Amazon, Independent Publishers Group reach settlement

Source: CNET

The e-commerce giant had refused to sell e-book versions of titles distributed by IPG, which represents more than 500 publishers. Amazon has reached a settlement with the Independent Publishers Group over sale ...
Full article at: CNET  More like this  2 hours ago, 6:58pm CDT

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