Oyster is Netflix for books

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E-readers and digital books have become commonplace in today's publishing industry, but companies are still trying to work the best model for monetizing them. We've already seen Israel's Total BooX charge readers by the page, and now Oyster is using a Netflix-style subscription model to enable customers to read as many titles as they want for a flat monthly fee. With a range of 100,000 titles including bestseller fiction, non-fiction, biographies, and business textbooks, the free app is available for iPhone, iPad and iPod Touch and a subscription fee of USD 9.95 a month. Much like Netflix, Oyster regularly updates…

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