Netflix and Spotify have built multi-billion dollar businesses by offering subscription services for film and music, respectively, but no company has really made this model work for digital books. Now, Oyster has revealed its first attempt to change that.
Oyster, a New York-based startup, made headlines late last year when it announced raising $3 million from Founders Fund to build out a service that would offer "unlimited access" to e-books. On Thursday, the startup launched its e-reading app for iPhone, which is available on a first-come, first-served invitation-only basis for now
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via Mashable http://mashable.com/2013/09/05/oyster-launch/?utm_medium=feed&utm_source=rss
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