Amazon To Launch Digital Book Rental Service
First time accepted submitter ni5dotcom writes "Amazon is soon going to launch an e-book rental service soon for US customers, according to The Wall Street Journal. Publishers, however, have shown mixed reaction to this decision so far. From the article: 'Amazon is believed to have offered book publishers a large fee for joining the service. However, the negotiations are said to still be in their early stages. The Seattle-based technology company, which is expected to imminently launch a tablet device to rival Apple’s iPad, has also said that the digital ebook library would feature older titles and be accessible to those who pay for $79 a year for Amazon Prime, the service which allows people unlimited two-day shipping and films and TV shows on demand.'"
It's ironic that as a society we were able to completely eliminate scarcity for things like books, music and movies and then we turned around and tacked on an artificial scarcity model on top of it.