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

Sep 12 2011, 1:56am CDT | by , in Rumors | Technology News

Amazon rumored to Kill Libraries with new Digital Library Service
Buy Kindle from Amazon Cyber Monday and Black Friday Now

You do not like to buy books? How about rent your next Kindle eBook?

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.

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