> On Oyster, once a person reads more than 10 percent of the book, it is officially considered “read.” Oyster then has to pay the publisher a standard wholesale

> On Oyster, once a person reads more than 10 percent of the book, it is officially considered “read.” Oyster then has to pay the publisher a standard wholesale fee. via: http://www.nytimes.com/2013/12/25/technology/as-new-services-track-habits-the-e-books-are-reading-you.html http://www.nytimes.com/2013/12/25/technology/as-new-services... This article also talks about the "Sizzler Problem." Oyster costs $10/mo, so they basically have to hope that, on aggregate, people won't read more than that in cost of wholesale fees. It'd be really interesting to look at their actual numbers against Spotify and the other companies with a similar model. According to the article, only 2% of users read more than 10 books a month. I'd imagine that the % of users that actually "cost" them money couldn't be more than ~5-10% of their entire subscriber-base. Anyone have any insight into this?