So if there are 100,000 borrows in a month and
the lending library fund is $ 500,000 for that month, you'd get $ 5 per borrow.
They get a proportional cut of the aforementioned
lending library fund.
Not exact matches
They can then earn a share of the global
fund every time their book is borrowed, and borrows from the
lending library count toward a book's sales rank on Amazon.
His 2013 government
funded report said that
libraries should not limit the supply of e-books in the same way that physical book loans are controlled, including the
lending of each digital copy to one reader at a time, securely removing eBooks after
lending and having digital books «deteriorate after a number of loans».
Most city
libraries lend for free, and are
funded by local rates or taxes.
With the pending launch of these new
lending libraries, the KDP Select
fund has been increased by $ 100,000 to $ 700,000 in October, with a larger increase anticipated in November.
For indie authors and publishers who can agree to Amazon's list of demands, notably making their works available exclusively through Amazon for a set period of time and allowing their works to be loaned through the Kindle
lending library, there is a
fund of $ 6 million, divided into monthly amounts, allocated to pay authors as ebooks are borrowed.
In December 2011, Amazon contributed $ 500,000 to the royalty
fund and the amount participating authors earned depended on their share of the total number of KDP books borrowed in the
lending library.
[38] In 2010, a Public
Library Funding and Technology Access Study [39] found that 66 % of public
libraries in the US were offering e-books, [40] and a large movement in the
library industry began seriously examining the issues related to
lending e-books, acknowledging a tipping point [clarification needed] of broad e-book usage.
I shall try out the Kindle Select program, whereby if you make your book exclusive to Amazon for 90 days, it's offered free to premium subscribers as part of the
lending library and you will get a share of the Kindle Owner's
Lending Library fund.
With the new
lending libraries launching this month, the KDP Select
fund has been increased by $ 100,000 to $ 700,000 in October, with a larger increase anticipated in November.
Unfortunately,
library closures, decreased
funding, and limited ebook
lending options are making
libraries obsolete.
The Free Library's e-reader
lending program is made possible with
funding from the federal Library Services and Technology Act administered by the Office of Commonwealth
Libraries and with support from the Institute of Museum and Library Services.
Amazon has announced a new initiative called KDP Select, which will give self - published authors a share of a $ 500,000 per month
fund that Amazon is providing through at least the end of next year for making their books available as part of the Kindle
lending library.
JanetPublishing Newscrowd sourced
funding / defamation / digital books / digital
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