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oyster
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Oyster, a new startup that wants to be the Spotify of books, announced it has raised $3 million led by Founders Fund. The money will help Oyster build a library that allows members to access an unlimited number of books for a monthly fee. Read more »

A surprise ruling last week will force publishers to tear up their e-book contracts with retailers. The ruling is scheduled to go into effect in the next few days and, if it does, Amazon and others will be allowed to slash the price of e-books. A prominent lawyer has filed a Hail Mary brief to stop the process. Read more at paidContent »

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An incident in which an e-book lending site was shut down by a horde of angry authors with takedown notices — most of whom misunderstood the site’s purpose — is another example of how the publishing industry is fighting the same battles as the music industry. Read more »

if you were mine bella andre

This weekly feature examines certain ebooks’ paths to bestseller-dom, and highlights bestselling titles on the New York Times and USA Today bestseller lists that are selling more copies in digital than in print. Featured this week: Bella Andre’s “Sullivans” series and Courtney Walsh’s “A Sweethaven Summer.” Read more at paidContent »

Subscriber Content

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Cloud-based storage and cross-device syncing of media content are two of the most competitive areas in consumer IT. Apple, Google and Amazon see cloud-based media services both as a way to increase attachment to their platforms and a means to extend and amplify their broader strategic goals. Read more at GigaOM Pro »

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Google now activates one million Android devices per day and has 400 million devices in the wild, but its media store efforts have lagged. Google Play now has more digital content types, so here’s a look at how it compares to iTunes and Amazon’s digital store. Read more »

New York Public Library
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Penguin, which removed ebooks from libraries and ended its relationship with distributor OverDrive in February, is tiptoeing back into the digital lending waters again. In a 1-year pilot program with OverDrive competitor 3M, Penguin will make ebooks available to the New York and Brooklyn Public Libraries. Read more at paidContent »

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Berlin startup Readmill’s iPad-based social reading app has got plenty of attention. Now it’s getting a significant update that will make it simpler and easier to use for everyone — including making it more useful for independent publishers to hook themselves in to. Read more »

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Ray Bradbury’s landmark novel Fahrenheit 451 is usually seen as a protest against government censorship, but the author said it was about how television and other media were making people less interested in ideas. What would Bradbury think of the world we live in now? Read more »

txtr

German e-reading service txtr hopes to take on Amazon and Apple by becoming the biggest provider of third party reading apps — and a deal with four major American publishers and a New York office could be the latest steps in that journey. Read more »

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