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Why Oyster's Ebook Store Weakens Ebook Subscription Models

Although some have hailed Oyster's decision to launch an ebook store allowing users to purchase titles à-la-carte, there is reason to meet this decision with some skepticism. Previously a subscription-only service, similar to Bookmate and Scribd, Oyster has launched its new ebook store in conjunction with new deal announcements with Penguin Random House and Hachette, publishers that have famously resisted making their titles made available through subscription services. With this latest move, Oyster has effectively blinked first -- bowing to the pressures of major publishers -- arguably weakening the position of ebook subscription services.