Authors Guild Threatens Amazon For Daring To Allow Library Lending Of Ebooks
from the how-out-of-touch-are-they dept
So I guess it should come as no surprise that the group is now freaking out about Amazon's extremely limited "lending library" feature for ebooks. The service lets Kindle owners "borrow" one book a month for free. To appease potentially angry authors and publishers, Amazon made it clear that this doesn't actually impact revenue to publishers.
The "vast majority" are there following an agreement with the publishers to include the books for a fixed fee, while "in some cases", Amazon said it was purchasing the title under standard wholesale terms each time it is borrowed, "as a no-risk trial to demonstrate to publishers the incremental growth and revenue opportunity that this new service presents".The Authors Guild's response is to continue to portray itself as out of touch and clueless on important innovations. It suggested that none of the books in the "lending library" are there legitimately. And it doesn't care that Amazon still pays when the books are borrowed. Because the Authors Guild's out of touch views also seem to include a scorched earth provision, where any new innovation they don't like must be destroyed if it ever so slightly changes the way people enjoy books.