Kindle owners borrowing more than 295,000 books per month

Summary:One 16-year-old author earned $6,200 from the Amazon Kindle Direct Publishing program in December for her children's books.

It's questionable how many public libraries see the kind of traffic that Amazon's Kindle Owners’ Lending Library does.

Specifically, the Kindle Direct Publishing program, in which you can self-publish your work on the Amazon Kindle Store, is doing especially well. Amazon is reporting that customers borrowed approximately 295,000 KDP Select titles in December.

Amazon Prime members with Kindles can borrow from a library of 75,000 digital books to borrow for free as frequently as a book a month without any due dates.

KDP authors earn $1.70 per borrow, and the strong showing has motivated Amazon to boost the KDP fund from $500,000 to $700,000.

The Kindle Owners’ Lending Library only launched in November, and this kind of success (at least for the writers) so quickly raises a lot of questions about where we're going with digital publishing.

What's really surprising is just how much KDP authors have the potential to make -- especially as they don't have to deal with publishing companies. (Although, of course, Amazon has a cut on royalties.)

For example, one family made $6,300 in December for puzzle books, while a 16-year-old author earned $6,200 in the same time frame for her children's books.

Related:

Topics: Mobility, Hardware

About

Rachel King is a staff writer for CBS Interactive based in San Francisco, covering business and enterprise technology for ZDNet, CNET and SmartPlanet. She has previously worked for The Business Insider, FastCompany.com, CNN's San Francisco bureau and the U.S. Department of State. Rachel has also written for MainStreet.com, Irish Americ... Full Bio

zdnet_core.socialButton.googleLabel Contact Disclosure

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.