The Newest News from Amazon – Kindle Owner’s Lending Library

I got an interesting email today from Amazon. They announced that Amazon Prime members, in addition to already receiving free shipping and getting some streaming media, will now also be able to borrow books for free from the Kindle Owner’s Lending Library. There are limits, of course. You can only check out one book a month. There are no late fees or anything like that, but you do have to return your previous book in order to get a new book. Also, there are a limited number of books currently available in the lending library. From what I’ve heard, it’s somewhere around 5000 books to choose from.

I think it’s an exciting development. Actually, it kind of makes me want to sign up for Amazon Prime, haha. I used to have a membership several years back, but back then, all that the membership gave you was free shipping. I didn’t order enough merchandise to make it worth it. Now, however, there are a lot of perks that come along with an Amazon Prime membership. Free two-day shipping. Unlimited streaming of TV shows, movies, etc, similar to Netflix. And now a free book a month. Considering that some of these NYT bestseller books are $10.00 or more each, it’s really a good deal. The Amazon Prime Membership is only $79 a year.

I have a feeling this new announcement will actually spur some people who are already members of Prime to go ahead and spring for a new Kindle. I mean, with the low price point now of only $79 for a brand new Kindle, why not? Especially when you have access to so many free books?

It’s interesting to me that some authors already have their defenses up about this lending library. They are worried that they will not get paid for books that are lent through this new library. But to me, that’s really narrow thinking. Free books have always been available, whether through borrowing from friends or borrowing from a physical library or from stealing or whatever. Authors still have always been able to make a living writing books. Readers still buy books, even when there are free ones to be had. I personally think it’s a great announcement. I don’t think it will have a huge impact on books sales except that it will be another way to connect readers with books and authors they love.

My only question is how do I get Beautiful Demons into the lending library? So far, I don’t think they are letting a lot of Indie authors into the lending library. All I know is that if given a chance, I would definitely put the Peachville High Demons books into the lending library. Any chance I have of introducing my series to more readers is a huge opportunity. I have a feeling that right now, Amazon is sort of hand-picking books and authors, which currently doesn’t include that many Indie authors (if any), but I would be incredibly excited if my books were to be included in any way.

What do you think of the new Kindle Owner’s Lending Library? Are you an Amazon Prime Member? Would this new perk make you want to sign up for Amazon Prime? I’m interested to hear what you think.