Amazon has announced that the Kindle Owners' Lending Library is opening in the U.K., Germany and France later this month, bringing international Kindle owners with a Prime membership over 200,000 books to borrow for free as frequently as a book a month.
While few major houses have books in KOLL, Amazon has encouraged self-published authors to enroll in KDP Select to be entitled to receive payment each time a title is borrowed. With the launch of these new lending libraries later this month, the KDP Select fund has been increased by $100,000 to $700,000 in October, with a larger increase anticipated in November.
