Kindle Library Lending Goes Live
Amazon and library e-book vendor OverDrive announced that the latter's plan to allow library lending via the Kindle and Kindle app is now live. The service, which will be available at some 11,000 libraries across the U.S., enables libraries to expand their e-book lending to the nation's most popular e-reading platform. The deal will expand demand for library e-books, demand that has surged over the past two years. In 2010, OverDrive, which manages the vast majority of public library e-book lending, noted that e-book lends increased 200% over 2009, with more than 15 million digital check-outs of nearly 400,000
titles.

Judge Halts Borders IP Sale
Whether changes in privacy law that took place in May 2008 mean Borders can actually sell 45 million customer names and information about their purchases, is the sticking point for the sale of Borders's IP assets. The winning bidder of the assets was Barnes & Noble, but the judge said even if he were to approve the sale, state attorneys general and the Federal Trade
Commission could stop it.

Espresso Book Machine Adds Harper Backlist
On Demand Books, the maker of the Espresso Book Machine, has reached an agreement with HarperCollins under which HC will make available more than 5,000 trade paperback titles through the machine. Harper will begin making its trade paperbacks, both children and adult titles, available starting in November. Titles from Zondervan and HarperCollins Canada will be available early next year. Titles will be sold under the agency model, and prices will be the same as regularly printed books.
Authors will receive a regular print royalty.

Scholastic Starts Strong
Scholastic got fiscal 2012 off to a strong start, reporting a 9.6% increase in total revenue, to $318 million, while its net loss in the period ended August 31 was cut to $27.1 million from $35.2 million. As the publisher's business moves in a more digital direction, Scholastic is funding those initiatives with reductions in other areas and will take a one-time charge of $10 million–$15 million to cover the costs.

Amazon Adds Two Editors
Kelli Martin has joined Amazon Publishing in Seattle as senior acquisitions editor at Montlake Romance. Most recently, she was a senior editor at Harlequin. Amazon Publishing has also hired Ed Park as editor, acquiring general fiction. Park, who was most recently an editor at the literary magazine The Believer.