From Mark Coker at Smashwords
Oyster Shipments to Begin in Three Days.
On September 5, Smashwords announced a distribution agreement with Oyster, a new and innovative ebook subscription service. Oyster offers consumers unlimited access to more than 100,000 ebooks for only $9.95 per month.
At the time we announced the deal, we also announced that we wouldn’t begin shipping to Oyster until at least 72 hours after we shared the financial terms with you. The clock starts now.
I also stated at the time that I believed the terms were author-friendly, and that Smashwords authors would be pleased when they learned the details. Today, via this email, I’m sharing the details.
Here’s a link to our original announcement here.