Saturday, January 14, 2012

Amazon Kindle Owners Are 'Borrowing' Nearly 300,000 Ebooks A Month


Book2BookFriday 13 Jan 2012

According to the company, customers borrowed nearly 300,000 (295,000 to be exact) KDP Select titles in December alone, and KDP Select has helped grow the total library selection. With the $500,000 December fund, KDP authors have earned $1.70 per borrow. In response to strong customer adoption of the Kindle Owners' Lending Library, Amazon says it has added a $200,000 bonus to the January KDP Select fund, raising the total pool from $500,000 to $700,000 for authors.

 

Techcrunch

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