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Theoretically then, an author could release a new chapter every week, charge subscribers $8 or $9 a month

I'm not paying > $40 to read a single book over the course of multiple months, even for authors that I absolutely love. With my reading habits, I couldn't even afford to pay that much across the volume of books I read if most of my favorite authors switched to such a model.

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Yeah, I was thinking the same thing. If I paid $8/month to every author that I like enough to buy most of their books, that'd easily end up at $500+/month, and maybe $1,000/month. Compare that to buying all their books (even in hardcover), which is around $1,000 per year.

Plus I have no interest in reading things a chapter at a time. I read one book or series from start to finish at a time. I don't like jumping back and forth between many different novels.

>I'm not paying > $40 to read a single book over the course of multiple months

Me neither. Maybe I would buy the book in a presale, but that's it. This kind of selling just work for early adopters, the kind of people who stand in line for hours to buy a new product.

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