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December 16, 2013 08:23 pm GMT

With $5.3M In Funding, Entitle Launches E-Book Service Emphasizing Ownership And Big Titles

entitle android coverIn the past few months, we've seen the launch of several e-book subscription services using a Netflix-style pricing model, where users pay a monthly fee and get access to any title in the catalog. A new service called Entitle is going in a different direction users still pay a subscription fee, but they can only download a few books each month.Isn't that a worse deal? CEO Bryan Batten argued that it's not, for a couple of reasons. First, Entitle users actually own the books they purchase, so if they unsubscribe they still have access to the titles that they've already paid for. And while many people have become accustomed to the pay-for-access model popularized by Netflix and Spotify, Batten argued that there's still "a majority of people who like the thought of owning something."

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