Amazon (NASDAQ:AMZN) is now offering an all-you-can read (or listen to) digital ebook and audiobook subscription service, featuring more than 600,000 titles, for $9.99 per month. Kindle Unlimited won't be a part of Amazon Prime, but it is the company's latest effort to corner the market in all things digital entertainment, even if it won't move the bottom line much -- or at all.
In the This Week in Tech video below, The Motley Fool's general manager and senior tech analyst, Eric Bleeker, and tech bureau chief, Max Macaluso, talk about Kindle Unlimited, what it means for Amazon's growth, and how it will affect similar, but much smaller companies, such as Oyster.