Amazon Launches Kindle Owners' Lending Library
November 3, 2011 9:39 AM
comment(s) - last by
Kindle owners with an Amazon Prime membership can borrow up to one book per month with no due dates or extra fees
Amazon announced a new service today that will put a library into the hands of Kindle owners who have an Amazon Prime membership.
Amazon is introducing the
Kindle Owners' Lending Library
, which allows Kindle users to borrow books for free -- as long as they have an Amazon Prime membership. Kindle owners can borrow up to one book per month, and have no due dates or fees for borrowing the book.
"Owning a Kindle just got even better," said Amazon Founder and CEO Jeff Bezos. "Today, we're introducing a new Prime benefit built for Kindle: The Kindle Owners' Lending Library. Prime members now have exclusive access to a huge library of books to read on any Kindle device at no additional cost and with no due dates."
The lending library offers Prime members can choose from "thousands" of fiction and nonfiction books which can be returned and chosen right from a user's Kindle device.
Amazon Vice President of Kindle Content Russ Grandinetti added that Kindle users, publishers and authors could all benefit from the new lending library. Some titles in the Kindle Owners' Lending Library are included in the library at a fixed fee, while in other cases, Amazon is purchasing the title each time it is borrowed.
"The Kindle Owners' Lending Library is a great new benefit for Kindle owners and an entirely new growth opportunity for authors and publishers," said Grandinetti. "With the growth in Prime membership and the recent addition of Prime Instant Video, we've been able to broaden our relationships with movie and TV studios such as CBS, Fox and NBC Universal and significantly increase their revenue. We're excited to expand the investment to books -- with this launch, we expect three immediate results: Kindle owners will read even more, publisher revenues will grow, and authors will see larger royalty checks."
Amazon is looking to beef up its revenues as well, since Amazon Prime is a $79 annual membership. It offers users free two-day shipping, access to almost 13,000 movies and TV shows through its streaming service and now thousands of free books to borrow. New services are also likely aimed to boost sales of its latest Kindle release, the
7-inch $199 Kindle Fire
This article is over a month old, voting and posting comments is disabled
RE: Love it
11/3/2011 12:20:39 PM
I have to agree. That's why I have a Kindle Touch on pre-order.
Amazon = more value, same price
Netflix = less value, higher price
"I want people to see my movies in the best formats possible. For [Paramount] to deny people who have Blu-ray sucks!" -- Movie Director Michael Bay
Amazon Launches $199, 7" Kindle Fire Tablet
September 28, 2011, 9:58 AM
Amazon Kindle Library Lending to Roll Out This Year
April 21, 2011, 1:28 PM
Inspiron Laptops & 2-in-1 PCs
September 25, 2016, 9:00 AM
The Samsung Galaxy S7
September 14, 2016, 6:00 AM
Apple Watch 2 – Coming September 7th
September 3, 2016, 6:30 AM
Apple says “See you on the 7th.”
September 1, 2016, 6:30 AM
Apple sued because of iPhone 6 Touch Disease
August 31, 2016, 7:00 AM
Get Ready to wait in line – iPhone 7 due September.
August 18, 2016, 7:15 AM
Most Popular Articles
5 Cases for iPhone 7 and 7 iPhone Plus
September 18, 2016, 10:08 AM
No More Turtlenecks - Try Snakables
September 19, 2016, 7:44 AM
ADHD Diagnosis and Treatment in Children: Problem or Paranoia?
September 19, 2016, 5:30 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM
Automaker Porsche may expand range of Panamera Coupe design.
September 18, 2016, 11:00 AM
Latest Blog Posts
Who is in Risk of Getting Oral Cancer?
Sep 23, 2016, 6:02 AM
France Bans Plastic Eating Utensils in Restaurants
Sep 18, 2016, 10:49 AM
Progress Against Acute Myeloid Leukemia
Sep 17, 2016, 5:30 AM
Apple Watch Series 2 - Number 1 in the Customer Satisfaction.
Sep 7, 2016, 6:19 PM
First Self-Driving Car debut on the streets of Singapore
Aug 28, 2016, 4:10 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information