Kindle Owners' Lending Library Coming to the UK, Germany and France
(NASDAQ: AMZN)—Amazon.com, Inc. today announced that the Kindle Owners' Lending Library is coming to the UK, Germany and France later this month, bringing Kindle owners with a Prime membership over 200,000 books to borrow for free as frequently as a book a month, with no due dates. Independent authors and publishers using Kindle Direct Publishing (KDP) who enroll their books in KDP Select can be included in the Kindle Owners' Lending Library in the UK, Germany and France, as well as the US. With the new lending libraries launching this month, the KDP Select fund has been increased by $100,000 to $700,000 in October, with a larger increase anticipated in November. Authors will earn money every time their book is borrowed from any of the lending libraries – in September, authors earned $2.29 per borrow, which is more than many KDP books earn per sale.
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