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Re:The problem with Amazon's Kindle Owners' Lending Library by tzs on Saturday November 05, 2011 @12:17PM (#3200090)
The local library pays proportionally to the number of simultaneous readers it wants to be able to handle for the book. For popular books the library will by more than one copy.

This breaks the analogy between Amazon's library and local physical book libraries.

Re:The problem with Amazon's Kindle Owners' Lending Library by esrauch on Saturday November 05, 2011 @12:32PM (#3200132)
If the library is paying a bulk/discounted price such that the author's cut of the price for each book sold is effectively zero, then it doesn't matter how many books they pay for simultaneously. A billion times zero is still zero.