Amazon.com To Launch E-Book Lending For Kindle

Posted Oct 23, 2010

Amazon.com, Inc. (NASDAQ:AMZN) will allow Kindle owners to loan e-books to each other soon. In a note to readers, Amazon.com said “later this year, we will be introducing lending for Kindle, a new feature that lets you loan your Kindle books to other Kindle device or Kindle app users. Each book can be lent once for a loan period of 14-days and the lender cannot read the book during the loan period. Additionally, not all e-books will be lendable ? this is solely up to the publisher or rights holder, who determines which titles are enabled for lending.? [mediabistro]