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Thursday, March 22, 2012

Upbeat report from Kindle Direct Publishing

Despite controversy and bad publicity, the Kindle "lending library" system is working, it seems.

According to the March report from the gurus at Amazon, KDP authors participating in the Kindle Owners’ Lending Library have earned a total of $1.8 million to date from the KDP Select fund.

February, they say, was a great month for participating authors.  With the $600,000 February fund, KDP Select-enrolled authors earned $2.01 per borrow. The KDP Select fund amount for March has also been set at $600,000.

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