Amazon Launches Kindle Owners' Lending Library
November 3, 2011 9:39 AM
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
"You can bet that Sony built a long-term business plan about being successful in Japan and that business plan is crumbling." -- Peter Moore, 24 hours before his Microsoft resignation
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
What is Flagship Sony’s XperiaX Smartphone?
October 25, 2016, 5:00 AM
The Galaxy C9 Pro Samsung Smartphone Has 6GB RAM
October 24, 2016, 4:29 AM
The Unlocked Moto Z Play Launches for $449.99 Today.
October 22, 2016, 5:00 AM
Nintendo Announced Next Game Machine to be Portable “handheld”.
October 21, 2016, 5:00 AM
Do you hate to do yard work?
October 20, 2016, 5:00 AM
Smart Technology Mood Collar To Understand Your Dog’s Emotions
October 17, 2016, 5:00 AM
Most Popular Articles
Car Insurance - The Hidden Discriminatory Practise
October 18, 2016, 5:00 AM
Is Razer Blade Stealth Laptop For You?
October 16, 2016, 5:00 AM
Cyber Hackers Threaten Security of Lifesaving Medical Devices
October 19, 2016, 8:09 AM
Excellent Wi-Fi Camera - Panasonic Lumix DMC-FZ300K
October 18, 2016, 5:00 AM
Problems with Windows 10 – Update Now
October 15, 2016, 7:30 AM
Latest Blog Posts
Medical Council of India Makes Generic Medicines Mandatory
Oct 25, 2016, 5:00 AM
MacBoo Pro 2016: Release date Oct. 27
Oct 24, 2016, 7:16 AM
Mac Users, Try this if Your Mac is Infected?
Oct 23, 2016, 7:00 AM
Tips to Prevent Smartphones From Overheating:
Oct 22, 2016, 5:00 AM
Nasa Flies Drones at Nevada Airport
Oct 21, 2016, 8:21 AM
T-Mobile Data Problems
Oct 20, 2016, 10:17 AM
Annoying Apple Watch Problems and How to Fix Them
Oct 20, 2016, 5:00 AM
Your Mail May Soon Be Delivered By Robot
Oct 19, 2016, 9:34 AM
2018 Jeep Wrangler Prototype Sells At Junkyard
Oct 18, 2016, 5:00 AM
Samsung Shines with Gold Edition Tablet
Oct 17, 2016, 9:24 AM
Tesla Hints Mysterious Product Debut for October 17th
Oct 16, 2016, 10:14 AM
Samsung Galaxy Note 7 Phones on US flights
Oct 15, 2016, 5:00 AM
Comcast Fined $2.3 Million For Unconfirmed Services Charged To Customers
Oct 14, 2016, 5:00 AM
“American singer / songwriter “Bob Dylan is awarded 2016 Nobel Prize in Literature.
Oct 13, 2016, 10:33 AM
Battery Defect in Medical Device
Oct 12, 2016, 5:00 AM
IBM Bolsters Social Services Sector With Technology Grants
Oct 11, 2016, 5:00 AM
Scientists Sound Alarm on Climate but US Still Toys With Skepticism
Oct 10, 2016, 5:00 AM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information