From Paid Content:
Tim Waterstone, founder of the U.K.’s Waterstones bookstore chain, is involved in a new venture: Read Petite, a subscription site for long-form fiction and nonfiction. The site will be announced at the London Book Fair next week and will launch to the public in the fall.
. . . .
“We are genuinely trying to expand the reading market, and bring publishers together under our aegis to do something new. Up until now short-form writing has not really been economic to produce, but we think we can unleash it.”
Monthly subscription prices haven’t been set yet, but Waterstone tells the Guardian that they will likely be “a few pounds.”
Link to the rest at Paid Content and thanks to L for the tip.