Wednesday, June 17, 2015

Kindle Unlimited Royalty Changes Are Unfavorable for Authors – GalleyCat

Amazon's Kindle Device Amazon is changing the way it pays authors royalties for participation in its Kindle e-book Unlimited lending library. The new model is less favorable for authors.

Beginning July 1, Amazon will no longer pay royalties on books que Were downloaded and read at least 10 percent through the program. They instead will only pay royalties on pages que are Actually read. “We’re making this switch in response to great feedback we received from authors who asked us to better align payout with the length of books and how much customers read,” Amazon Explains on the KDP site. “Under the new payment method, you’ll be paid for each individual page of your customers read book, the first team They read it.”

Melville House points in October que this is unfair to authors as “an author with a traditional publisher will receive royalties on each hard copy of the book sold to libraries (or the percentage of the e-book sold at the library rate). “

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