So, an author who has been making a pretty decent earning with their 25page short erotica KU books, by publishing two or three per month and getting $1.40 /KU Borrow for them – well, now they are going to be getting 25cents per KU borrow. So, from this point forward, for simple maths sake, I’ll use my 1 penny per page (in lieu of KU’s unrealistic $10 per page) for the rest of this discussion. But, exactly how significantly less isn’t being honestly represented….Ī more reasonably achievable figure is 1 penny per page (but I believe it will end up being something more like 0.006 cents – 0.008 cents per page ‘ i.e. Now, being paid per page means that the 25 page novellas filling the pool are going to be earning significantly less than their 250 page swimming-buddies. Kindle Unlimited authors are more likely to make a fraction of a penny per page. Kilgore breaks down this calculation in a smart blog post: The average KU author makes $1.40 per KU borrow, and is about to make less. It’s unlikely that most authors will make $10 a page. Kilgore points out, correctly, that this estimate per page is bonkers. We will similarly change the way we pay KDP Select All-Star bonuses which will be awarded to authors and titles based on total KU and KOLL pages read.Īuthor C. The author of a 200 page book that was borrowed 100 times but only read halfway through on average would earn $1,000 ($10 million multiplied by 10,000 pages for this author divided by 100,000,000 total pages).The author of a 200 page book that was borrowed and read completely 100 times would earn $2,000 ($10 million multiplied by 20,000 pages for this author divided by 100,000,000 total pages).The author of a 100 page book that was borrowed and read completely 100 times would earn $1,000 ($10 million multiplied by 10,000 pages for this author divided by 100,000,000 total pages).Here are some examples of how it would work if the fund was $10M and 100,000,000 total pages were read in the month: Under the new payment method, the amount an author earns will be determined by their share of total pages read instead of their share of total qualified borrows. The Amazon statement explains the new payout: But many KU authors aren’t having it. Amazon’s asking Kindle Unlimited authors who want to be taken out of the program to submit their books’ AISNs here.
(In related news, we feel a little nostalgic for Laura Hazard Owen‘s Gigom reporting on this beat.)Īmazon assures its authors that each text will be in a consistent font with consistent spacing as its length is determined. This isn’t how contracts usually work in the biz, either. The books can’t be sold by other retailers. Authors are also required to sign over exclusive rights to each work to Amazon. The contract puts the “Limited” in Kindle Unlimited. Now authors are likely to make less money each time the book’s borrowed, unless his or her readers complete a considerable chunk of the text (or even–gasp–read the whole thing). When Kindle Unlimited was first formed, it offered royalties to authors as long as book borrowers read 10% of the text. An author with a traditional publisher will receive royalties on each hard copy of the book sold to libraries (or a percentage of the ebook sold at a library rate).
You recognize this is not how royalties usually work. In short, it’s paying the authors a royalty based on pages read, rather than paying authors a royalty each time a reader makes it through 10% of a book. This July, Amazon is changing the way it pays authors for books in Kindle Unlimited and the Kindle Owners’ Lending Library. Reading on Kindle isn't for everyone, but it can make it super easy to take multiple books on your next trip, eliminating any anxiety you might feel that the book you've chosen for the plane ride might be too boring to finish.KU authors should be wary of the fine print.
KINDLE UNLIMITED BOOKS FREE
Prime Reading is a free-reading service that offers around 1,000 Kindle Unlimited titles free to Prime members, with the same 10-books-at-a-time limit.
KINDLE UNLIMITED BOOKS FOR FREE
The Kindle Owners' Lending Library allows Prime members to download one Kindle title for free each month. You don't have to have an Amazon Prime account to get Kindle Unlimited, but if you are a Prime member, you'll want to know about two other free-reading services that are included with Prime. The service costs $9.99 per month, and it allows subscribers to download up to 10 books at once to their phones, Kindles, and tablets. Kindle Unlimited is a standalone service that delivers unlimited titles from a large collection - including comics from ComiXology, AmazonCrossing books in translation, and many indie titles - directly to your reading device of choice. I've got nine great books you can read on Kindle Unlimited. If your wild summer has you too cash-poor to buy new books, don't worry.
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