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
All Prime Members?
11/3/2011 12:48:25 PM
So... In case anyone else is wondering: it sounds like you have to have a physical Kindle device in order to use this service. I wasn't certain after reading this article, but the announcement on Amazon's homepage makes that fairly clear. I'm disappointed, but not terribly surprised.
"We’re Apple. We don’t wear suits. We don’t even own suits." -- Apple CEO Steve Jobs
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
UK Teachers Want Parents to Cut-Off Their Children's Internet, Tablet Use at Night
April 17, 2014, 3:40 PM
Quick Note: Chrome Remote Desktop App for Android Launches
April 17, 2014, 9:26 AM
Report: Apple Plans to Integrate Shazam Song Finding Functionality into Siri
April 17, 2014, 9:15 AM
Bring Your Own Battery: LG Isai FL Likely is G3, First U.S. Quad-HD Android
April 16, 2014, 7:38 PM
Project Moonshine: Google's Plan to Flatten Android App Icons Leaks
April 16, 2014, 1:46 PM
Apple, Microsoft, and Major U.S. Wireless Carriers Embrace Smartphone "Kill Switch"
April 16, 2014, 10:08 AM
Most Popular Articles
Cities to Carpoolers: Sharing Your Car is Illegal, We Will Seize Your Cars
April 4, 2014, 9:17 PM
iPad Exploiter is Freed by Federal Appeals Court
April 11, 2014, 7:40 PM
A-10 Warthog May Live to Fight Another Day with Support from Lawmakers
April 14, 2014, 9:41 AM
Taiwan's AOU Claims to Have World's Highest-Res. OLED Smartphone Display
April 11, 2014, 1:44 PM
EFF: NSA May Have Used IRC Botnets to Exploit Heartbleed for Last Two Years
April 14, 2014, 4:43 PM
Latest Blog Posts
Facebook Aims to Provide Internet to "Every Person in the World" with Drones, Satellites
Apr 1, 2014, 10:20 AM
Retail Mobile Sites Experience Outages in Light of Simplexity's Bankruptcy
Mar 14, 2014, 8:48 AM
Tesla vs. BMW: Who Has the Safer EV?
Feb 1, 2014, 2:56 PM
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information