Oyster to Exit E-Book Subscription Business

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It’s not so easy to offer a Netflix-like experience.

The Oyster e-book subscription service that launched with much fanfare in 2013 has posted a note on its blog stating it will be exiting that business over the next few months and offering refunds to subscribers who request them. The service provides access to more than 1 million e-books on an all-you-can read basis for $9.95 a month.

http://www.wsj.com/articles/oyster-to-exit-e-book-subscription-business-1442887235

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