Amazon Launches Kindle Library Lending

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Kindle Library Lending

Amazon announced Kindle Library Lending, a program that will let Kindle users borrow books from more than 11,000 libraries in the United States. The program follows Amazon’s person-to-person Kindle Book Lending feature that debuted at the end of 2010 and addresses long-running concerns that e-readers like the Kindle would bypass libraries entirely.

 

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e-Books Could Lead to a “Reading Divide”

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“If reading becomes dependent on technology that must be purchased, then I think we may see the literacy divide persist and even widen.”

The rapid rise of e-books could lead to a “reading divide” as those unable to afford the new technology are left behind, even as U.S. reading and writing skills decline still further.

 

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Amazon is Selling More Kindle e-Books Than Paperbacks

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Amazon has sold “millions” of third-generation Kindle electronic readers in the most recent quarter.

Amazon.com (AMZN) is now selling more Kindle e-books than paperbacks, the world’s biggest online retailer reported. But Amazon’s fourth-quarter financial results were mixed.  Amazon says net income for the quarter climbed 8%, which surpasses Wall Street expectations. But revenue fell short, sending shares down nearly 10% at one point in extended trading.

 

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