Amazon expands Kindle Owners’ Lending Library to Europe

As Amazon promotes its self-publishing programme in Europe, it is also now expanding its Kindle Owners’ Lending Library to the United Kingdom, France and Germany, paidContent reported today.

The library allows Prime members who own a Kindle to borrow one e-book for free each month. Kindle Direct Publishing enables authors to self-publish on the Kindle platform

On Oct. 25, Amazon will put its glow-in-the-dark Paperwhite Kndle e-reader in several European countries, including France, the United Kingdom, Germany and Spain, the Wall Street Journal noted.

Self-published authors earn money each time their book is borrowed from any of the lending libraries. Amazon announced in a press release that the KDP Select Fund has been increased by $100,000 in October, to $700,000, with a larger increase expected for November. Last month, authors earned $2.29 per borrow, more than many KDP books earn per sale.

“It’s also been great for independent authors, who get to reach a whole new audience and make money in a new way, and now they’ll be able to reach even more readers around the world. We’re excited to bring the lending library to the UK, Germany and France,” Russ Grandinetti, vice president of Kindle Content, stated in the press release.

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