The online retailer is reportedly in talks with publishers about launching the new digital book rental service.

According to the Wall Street Journal, Amazon is talking to book publishers about starting a Netflix-like service for digital books. Amazon is creating a digital library of mainly older works and the proposed online library would offer users access to content for an annual fee, with restrictions on the amount of books that could be borrowed each month. Amazon’s popular Kindle e-reader would obviously benefit from such a rental service.

There aren’t many extra details about the service at this early stage but some publishing executives are apparently unhappy with the idea, believing the service would cut down on the number of people who buy books and hurt their relationships with other distributors.

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