Originally Posted by ApK
Participating authors around here have commented that they have done well under the program. As getting into the KOLL via KDP Select is optional and short term, it seems that it would easy for any individual author to judge accurately for themselves.
So I disagree that " the Lending Library is bad for authors" is true in any general sense.
An author is free to not participate if they think it's bad for them, and if they do try it and it proves to be bad after 90 days, then they can choose to stop.
Seems like win-win in many cases, and little risk in others.
Sure the author is free to choose, and that is a good thing. Yay for good things!
The ability to choose something does not make it a good thing to do. Over all it reduces the size of the market, and is bad for competition because it pulls book out of B&N and etc. Anything that is bad for competition is bad for authors and readers alike.
Plus you need to add all the points the article that was linked talks about.
So yeah, its bad for authors in general.
But you and I have never seen eye to eye on this, and never will. So no surprise here.