Possibly a dumb question, but...is there any good economic (vs legal, cultural, etc) reason why a Spotify-style "streaming service" for books wouldn't work? Th

Possibly a dumb question, but...is there any good economic (vs legal, cultural, etc) reason why a Spotify-style "streaming service" for books wouldn't work? That is, you pay an affordable monthly subscription fee in exchange for completely unfettered access to almost every published book, and authors are compensated per book/page/line read, or something like that.