Amazon.com announced a new program for authors who participate in its Kindle Direct Publishing (KDP) program called KDP Select. This program is an effort to attract more independent authors for Amazon’s Kindle Owners’ Lending Library service. Independent authors are enticed with the chance to earn part of a monthly $500,000 pot. But there’s a catch, and a possibly anti-competitive one: The authors can’t sell their ebooks anywhere else but Amazon.com. From the Kindle Direct Publishing Select website:
What does it mean to publish exclusively on Kindle?
When you choose KDP Select for a book, you’re committing to make the digital format of that book available exclusively through KDP. During the period of exclusivity, you cannot distribute your book digitally anywhere else, including on your website, blogs, etc. However, you can continue to distribute your book in physical format, or in any format other than digital. See the KDP Select Terms and Conditions for more information.
For a detailed analysis of this program, read the Huffington Post article Amazon Aims to Empty Competitor Shelves of Indie Ebooks.