Ebook publishing program expands lending library
(NEWSER) - Amazon is seeing big results from a new ebook-lending program. Its new KDP Select program, which allows independent writers and publishers to cash in on borrowed books, saw 300,000 borrowed titles last month. The program, allotted $500,000 last month, provided authors with $1.70 per borrow, with the top 10 KDP Select writers scoring some $70,000, TechCrunch reports. This month, the fund has grown to $700,000, the company says, thanks to the Kindle Lending Library's success. More»