Amazon announced the launch of the Kindle Owners' Lending Library.
Here is yet another reason for you to get an Amazon Prime membership. With an Amazon Prime membership, Kindle owners can now choose from thousands of books to borrow for free - including over 100 current and former New York Times Bestsellers - as frequently as a book a month, with no due dates. No other e-reader or ebookstore offers such a service. With an annual Prime membership, the Kindle Owners' Lending Library is included at no additional cost. Millions of Prime members enjoy free two-day shipping, unlimited streaming of nearly 13,000 movies and TV shows, and now thousands of books to borrow for free with a Kindle.
Amazon is converting the Amazon Prime subscription more and more to a media service. Was once was just a way to save on shipping costs and to get orders faster is now also including free video streaming offering and now free books.
Titles in the Kindle Owners' Lending Library come from a range of publishers under a variety of terms. For the vast majority of titles, Amazon has reached agreement with publishers to include titles for a fixed fee. In some cases, Amazon is purchasing a title each time it is borrowed by a reader under standard wholesale terms as a no-risk trial to demonstrate to publishers the incremental growth and revenue opportunity that this new service presents.
Amazon Prime is available as with a free 1 Month Trial right now on Amazon.com.