Earlier quoted context omitted.
That seems to me to ruin any point of Oyster. 10 usd/month is already redicously expensive given that most books are less than that as a kindle book and that most readers doesn't read a book a month (most people don't read a book at all after HS, but they aren't the target market). To then charge full retail price on top of that for books one would actually want. What are they thinking?
I can't find the reference, but a few years ago, I remember Tim O'Reilly making some point around book pricing to the effect that time was ultimately the limiting factor for book consumption. In other words, you can drop the price to zero and most people will still consume a relatively limited number of books. (Of course, O'Reilly has a subscription service themselves but that's arguably a bit different because most…
And you can talk employers into buying a site license for Safari, rather than having to get all your business directly from consumers.