Via Reuters.com

“(Reuters) – Amazon.com Inc on Friday unveiled a subscription service that allows customers to read as much as they choose from its library of more than 600,000 e-books.

Subscribers to the Kindle Unlimited service, which costs $9.99 per month, can read the e-books on Amazon’s Kindle reader or on any device that supports the Kindle app.

Customers can choose from books including “The Hunger Games,” “Life of Pi,” and “Diary of a Wimpy Kid.”

Subscribers also have access to thousands of audio books.

Amazon’s service competes with others in the market including Oyster, which charges $9.95 per month for unlimited access to more than 500,000 titles.”

It will be interesting to see what profits the authors make out of this deal, and whether it is good for reading in the long run. I asked my wife who reads many books as to her views on this monthly service. She simply said pointless and expensive.