So they are scamming Amazon, the reading public, and authors who have seen
their page read payment drop from the original amount of $ 0.0058 in June 2015 to the present payment of $ 0.00411.
The KENP,
pages read payment method, is too complicated and I am sure very expensive for Amazon to keep track of.
Not exact matches
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They do this, even though it costs them approximately $ 10 / mo, because they know the authors do get
payment for each
page read under the KU / KOLL programs.
KU adopted a more fair approach of paying per
page which meant short stories no longer brought in the same
payment per «
read» as novels did.
Now the
payment will be
pages read rather than books borrowed — so will those authors who have been «gaming» the system make more, less, or the same as before?
Our authors receive no
payment for allowing you to
read their free books online, so please, whether you loved it or loathed it, when you finish
reading a book from the obooko library, return to the author's book - listing
page (enter the title in the search box if you can't find the
page) and leave a Star Rating from 1 to 5.
The new model bases author
payments on the number of
pages read.
If, for example, the current payout fund is $ 10 million and 100 million total
pages were
read in a month, the indie author of a 100 -
page novel that was borrowed and
read all the way to the end 100 times would earn $ 1,000, according to Amazon's
payment explainer.
I have little patience for those complaining about Amazon at least trying to normalize
payments to authors based on number of
pages read instead of times a title is
read to 10 %.
While the
payment has been historically consistent — usually a bit less than half a cent per
page read — it does feel like a zero - sum game.
Then, over the last few months, I've been seeing the same sort of decline in
payment for
pages read that I saw with the original KDP Select
reads.
But just recently they have began taking measures that hurt new authors, such as the latest kindle library adjustment which only allows
payment to the author depending on the number of
pages read.
Personally, I'll be withdrawing most of my titles from KU because of the unpredictable
payment structure of the program, the exclusivity requirement, and the way it pays per percentage
read rather than per
page.
Re: KU
payments, my understanding is that KU pays only the first time a
page is
read (per account, of course).
Your ebook is available for Amazon Prime members to borrow your book for free, and you receive
payment on number of
pages read.
Amazon isn't going to take a credit card
payment for one
page read: The fees would cost more than 3 cents.
The
payment for borrows is now calculated based on how many
pages of the book have been
read, rather than the number of borrows that reached a certain percentage.
Since the
payments come from a shared pool, the average
payment per
page read will decrease.
The
payment for borrows is now calculated based on how many
pages of the book have been
read, rather than the number of borrows that reached a... [Continue
reading]
The company allocated $ 12.4 million — up from $ 12 million in September — but
pages read grew more than dollars allocated, so the
payment per
page dropped to $.004809.
As I write this, we don't know the September
pages -
read -
payment - rate for Kindle Unlimited yet, but if it's close to the.0051 rate of August, the pen name will have made over $ 10,000 just in borrows.
This graph shows how Amazon payouts dropped in conjunction with the rollout of Kindle Unlimited, which obviously forced Amazon to change their
payments to a
pages -
read model over summer 2015.
Books with larger numbers of
pages are likely to receive higher royalty
payments than shorter books, due to the probability users will
read more.
The new pay - per -
page method means that
payment is made every time a reader turns a
page during their first
read.
We're pretty sure they're still counting the last
page read to calculate
payments, but it's possible Amazon is now counting any flip from the front to the back of the book as a fraudulent
read (and withholding
payments).
Under the new
payment method, you'll be paid for each
page individual customers
read of your book, the first time they
read it,» is how Amazon explains the change.
If an author really will be able to earn $ 1,000 a month from only 100 fully -
read downloads of a 100 -
page book — that's just over three downloads a day — then Kindle Unlimited will become truly worthwhile for writers, although the economics of the example
payments look shaky, to say the least.
In July last year, Kindle Unlimited moved from a flat - rate
payment system for self - publishers to a pay - per -
page read model.
Kindle Unlimited is switching to a pay - per -
page system from the present payout of a flat
payment per book once 10 % of the book has been
read.
The previous months's KENP payout was $ 0.0048 per
page read, so I'm regarding this latest
payment as being at the same level due to the vagaries of rounding off figures.
Amazon has confirmed that it will continue to pay per
page read if a book is
read over a series of months, so
payment on a borrow could be split over a couple of months or more.
That would mean the average KU member is borrowing 6.5 books a month and
reading a grand total of 1, 579
pages every month (6.5 x 243
pages), which would cost Amazon around $ 9 in royalty
payments to authors (1,579 x $ 0.0057 per
page).
Under the new
payment method, you'll be paid for each
page individual customers
read of your book, the first time they
read it,» it said.
However, Amazon, in an uncharacteristic bout of transparency, revealed the total number of
pages read in June 2015, which was the last month of the flat - rate KU
payment system.
You can
read more about the 2018 Bankruptcy Guidelines on our surplus income
payments page, or you can use our surplus income calculator to do the math for you.
Reading Great Lakes»
page How
Payments Are Applied, I think you are probably correct about how the payments are applied: Interest first, minimum on each loan next, then any extra is applied to the highest intere
Payments Are Applied, I think you are probably correct about how the
payments are applied: Interest first, minimum on each loan next, then any extra is applied to the highest intere
payments are applied: Interest first, minimum on each loan next, then any extra is applied to the highest interest loan.
While the single document is still several
pages long, it was designed to be easier to
read and provide clear representation of information including monthly
payments, total
payments, closing costs, potential interest rate changes, and other terms.
For
payment terms, you are welcome to
read our terms and conditions
page and speak to our representative if you have any questions.