Publishers’ business model for lending ebooks at libraries

Amazon has just created the business model that book publishers should use with libraries for lending their ebooks.

Amazon has completely changed the ebook lending game with their KDP Select program that they launched yesterday.  The plan is to put all their Kindle Direct Publishing ebooks into their Kindle Owners’ Lending Library and then pay authors based on the number of times their ebook was borrowed.  Only it won’t be a fixed per use fee. [Read more…]