Kindle Online Lending Library (KOLL) - Use it or Abuse it?
Submitted by John E. Nevola ... on June 20, 2012 - 19:59A debate has been raging in Cyberspace ever since Amazon announced the Kindle Online Lending Library (KOLL). What's the issue? According to some, Amazon is throwing its weight around, trying to crush the competition with this new offering. If an author allows their eBook to be "borrowed" by signing up for KOLL (for a minimum 90 day stint), the author must grant Amazon exclusive rights to distribute their eBook. In exchange, Amazon will pay the author a certain sum of money for each time someone (Amazon Prime Members only) "borrows" his or her eBook.