SUBSCRIPTION-BASED MOBILE READING PLATFORM
The disclosed invention relates subscription based electronic book reading platform for mobile devices. In embodiments, the reading platform may provide recommendations of electronic books to users based on a user's behavior. In embodiments, the reading platform may provide for methods which determine lifetime value of books and payment to content providers within a subscription based electronic book service model. The reading platform may also restrict user access depending on user location or connection.
1 . A method of determining a lifetime value of a book, comprising:
taking a reading prediction model that predicts reader reading activity for the book based on at least two of customer ratings, critic ratings, retail pricing, wholesale pricing, print pricing, and electronic pricing, the population of the reading prediction model comprising:
aggregating data from a plurality of social media sources associated with the book; and
aggregating user reading activity for the book across a plurality of subscribers using an electronic book reading platform; and
using a valuation model to calculate the expected lifetime value for the book, wherein the expected lifetime value is based on at least one of the price for reading within the book, the price of the book, the reading prediction model and the cost of offering the book.
2 - 530 . (canceled)