Amazon introduces lending library for Kindles

Nov 03, 2011 By PETER SVENSSON , AP Technology Writer

(AP) -- Amazon.com Inc. said Thursday that it is starting a lending library for Kindle owners, letting them borrow one electronic book per month.

Borrowers have to subscribe to Amazon's Prime service, which provides free two-day shipping and streaming movies for $79 per year.

The books can't be read on phones, PCs or , even though there are Kindle apps for these devices. That restriction is reminiscent of Amazon's strategy of a few years ago, when the company restricted purchased books to being read on Kindles to drive sales of the e-reader devices.

Amazon says it's paying publishers for the right to lend the books, usually for a fixed fee. In some cases, it's paying the wholesale price every time a book is checked out. Amazon says the library has thousands of books, including current bestsellers such as Suzanne Collins' "The Hunger Games" trilogy.

"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," Russ Grandinetti, vice president of Kindle content, said in a statement.

Kindle users recently got access to electronic from public libraries as well. Those can be read in the Kindle apps.

Explore further: Motorola unveils three smart phones for return to China

5 /5 (1 vote)
add to favorites email to friend print save as pdf

Related Stories

Audio books added to Kindle downloads

Mar 24, 2011

Amazon.com on Thursday added books read aloud by celebrities, authors and others to the library of works that can be wirelessly downloaded to the latest generation Kindle electronic readers.

Recommended for you

Standalone wireless info display device an easy fit

Jan 25, 2015

A Latvian team has come up with a good-looking WiFi display device, connecting to the Internet using WiFi, which runs on a high-capacity built-in battery and tracks what's important to you. This is a standalone ...

Technology improves avalanche gear for backcountry skiers

Jan 25, 2015

As outdoor recreation companies increasingly cater to skiers and snowboarders who like to venture beyond the groomed slopes at ski resorts and tackle backcountry terrain, they've put a special emphasis on gear and equipment ...

Your future office desk may remind you, hey, to move it

Jan 23, 2015

Workers in all industries know by now that having a "desk" job might have its perks but frequent exercise is not one of them. Ample warnings from health experts have been headlined in the press reminding ...

Hands-on with Microsoft's hologram device

Jan 23, 2015

Microsoft didn't use skydivers or stunt cyclists to introduce what it hopes will be the next big leap in computing technology. Instead, with its new HoloLens headset, the company is offering real-world examples ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.