Full news story on Amazon may launch a Netflix-type service for books.
Amazon may launch a Netflix-type service for books
Sep 12 2011
The Wall Street Journal reports that Amazon is talking with book publishers about launching a Netflix type service for digital books, in which customers would pay an annual fee to access a library of content. Publishers that spoke with WSJ are apparently unenthusiastic about the idea "because they believe it could lower the value of books and because it could strain their relationships with other retailers that sell their books."
British Parliament asks Amazon to clarify why it pays $9 million in income tax on $23 billion of UK sales.(May 20 2013) Amazon will be called back to give further evidence to members of the British Parliament "to clarify how its activities in the U.K. justify its low corporate...