From the Kobo Newsroom:
Booklovers from The Netherlands and Belgium will never run out of things to read thanks to Kobo Plus. The new subscription service jointly created by Rakuten Kobo, leader in the digital eReading space, and premier online Dutch and Belgian retailer bol.com, offers readers the largest all-you-can-read selection of digital books in The Netherlands and Belgium, with titles ranging from new releases and bestsellers to classics and old favourites, including both Dutch and international titles. Customers can try the eBook subscription service free of charge for 30 days.
Digital reading enables people to carry their entire libraries with them wherever they go— gone are the days of having to choose which book to take on vacation or on the daily commute. In 2014, Kobo and bol.com partnered together, making it possible to access thousands of eBooks anywhere, on any device. The Kobo Plus subscription service is the next step in making the largest selection of books even more accessible, offering more than 40,000 titles—16,000 in the Dutch language—with considerable growth expected in the coming months.
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Kobo Plus was developed in close collaboration with leading Dutch publishers. The subscription service operates on a fair-share model, with payouts funded by subscription revenues, which enables a self-sustaining service built for the long-term—encouraging publishers to offer a wide selection of books from all genres. Kobo Plus was designed with the booklover in mind, and provides book recommendations tailored to individual readers’ interests.
Patrick Swart, CEO of Dutch publisher WPG Uitgevers, says: “As with any new business model, it will take some time for those involved to become accustomed with this new way of delivering books to readers. For publishers, a new business model entails a different approach to marketing books and for our authors it means they get compensated in a different way.
Link to the rest at Kobo Newsroom and thanks to Melissa for the tip.
PG is more than a little suspicious about authors being “compensated in a different way.”