Wednesday, June 17, 2015

Are Kindle Unlimited Royalty Changes Unfavorable for Authors?

My eyes hurt from all that reading.
Panzer was awakened from his afternoon nap by loud hissing and snarling. Our kitty boy hopped into the Panzermobile and headed into the Catosphere. Following all the noise lead him to a new Amazon announcement about their royalty payment to authors in the Kindle Unlimited program

 First our fearless kitty stopped at the Publishers' Weekly site. There in a post by Calvin Reid he learned that according to an Amazon announcement they have changed their royalty terms for KU. Amazon said they did this because authors were complaining about the previous terms. In particular authors said their royalties were lower in the plan as opposed to before they entered the plan. Based on the authors' input, Amazon made the change. However, Amazon said even with the old terms 95 percent of their KDP Select authors renewed their titles in the program.

Next our kitty boy headed over to the GalleyCAT site. There he found a post by Dianna Dilworth that quoted a post at the Melville House blog site saying the new changes are unfair to authors. Whereas in the old plan Amazon paid for a 10 percent read of an ebook, now under the new plan they will only pay for the pages actually read in an ebook.

Panzer says, "Hmmm. I was thinking of putting my new book Cat Wisdom for Humans in KU. Now I'm not so sure."

Note: Get a b-i-g cup of tea. Below are links to both posts and the GalleyCAT post contains a link to the Melville House post. So ... you're in for a l-o-n-g read.

To read the Publishers' Weekly post, tootle over to Amazon updates KU and-KOLL royalty terms

To read the GalleyCAT post, tootle over to Kindle Unlimited Royalty Changes Are Unfavorable for Authors | GalleyCat

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