|You're making a big mistake.|
According to a post by Calvin Reid at the Publishers' Weekly site, Oyster announced they'll be adding an ebook retail store to their subscription service. The store will carry ebooks from the big five publishers. While Oyster's services are only available in the U.S. now, there are plans to expand internationally this year.
Panzer says, "I think they're making a big mistake. It doesn't look like there's any place in the plan for indie authors. Smashwords has had an agreement with Oyster since the beginning and contributed a lot to their size."
Note: this is a l-o-n-g post, so bring a b-i-g cup of tea.
To read the full post, tootle over to Oyster