Sunday, June 21, 2015

Sunday round-up of the blog sites with info on #kindleunlimited new #royalty scheme #amwriting

What's it all about?
The change for authors in Kindle Select/Unlimited

Kindle Unlimited Pages Read

Beginning July 1, 2015, we'll switch from paying Kindle Unlimited (KU) and Kindle Owners' Lending Library (KOLL) royalties based on qualified borrows, to paying based on the number of pages 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. Under the new payment method, you'll be paid for each page individual customers read of your book, the first time they read it. 

Royalty payments under the new program

As with our current approach, we'll continue to set a KDP Select Global Fund each 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. 

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:

  • 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).
  •  
  • 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 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).
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.

You can enroll in KDP Select at any time by visiting your Bookshelf. If you no longer want your book(s) to be included in KDP Select you may unenroll from the program by contacting us with the ASIN of the book you would like to remove. 

Kindle Edition Normalized Page Count (KENPC v1.0)

To determine a book's page count in a way that works across genres and devices, we've developed the Kindle Edition Normalized Page Count (KENPC). We calculate KENPC based on standard settings (e.g. font, line height, line spacing, etc.), and we'll use KENPC to measure the number of pages customers read in your book, starting with the Start Reading Location (SRL) to the end of your book. Amazon typically sets SRL at chapter 1 so readers can start reading the core content of your book as soon as they open it.

This standardized approach allows us to identify pages in a way that works across genres and devices. Non-text elements within books including images, charts and graphs will count toward a book’s KENPC.

When we make this change on July 1, 2015, you'll be able to see your book's KENPC listed on the "Promote and Advertise" page in your Bookshelf, and we'll report on total pages read on your Sales Dashboard report. Because it's based on default settings, KENPC may vary from page counts listed on your Amazon detail page, which are derived from other sources. 

Reporting
After this change, you'll be able to view your Kindle Unlimited (KU) and Kindle Owners' Lending Library (KOLL) Pages Read in your Sales Dashboard report by marketplace and title.

We'll continue to update this Help page with more information on your KDP reports, KU/KOLL royalties, and KDP Select Global Fund payouts as the changes roll out.
TAKEN from:
https://kdp.amazon.com/help?topicId=A156OS90J7RDN

Blog round up, worth reading for viewpoints and info

http://selenakitt.com/blog/the-new-kindle-unlimited-what-it-means-for-authors-readers/

http://publishingwithkindle.com/kindle-unlimited-sales-royalty-structure-changes-affect-you/

http://rogerpacker.com/blog/kindle-unlimited-turns-to-pay-per-page-for-author-royalties/

http://www.digitalbookworld.com/2014/kindle-unlimiteds-two-tier-system-makes-some-authors-second-class-citizens/

http://www.theindependentpublishingmagazine.com/2015/06/amazon-changes-the-payout-rules-on-kindle-unlimited.html

http://www.adweek.com/galleycat/kindle-unlimited-royalty-changes-are-unfavorable-for-authors/105189

http://www.mhpbooks.com/you-dont-get-paid-unless-people-actually-read-your-book-the-new-kindle-unlimited-royalties/

http://www.mhpbooks.com/you-dont-get-paid-unless-people-actually-read-your-book-the-new-kindle-unlimited-royalties/?et_mid=760666&rid=240997108

http://rogerpacker.com/blog/kindle-unlimited-turns-to-pay-per-page-for-author-royalties/

http://thoughtcatalog.com/porter-anderson/2015/06/amazons-new-kdp-per-page-payments-everybody-has-to-swim-for-it-now/

As a personal aside, I have asked the only one of my publishers who use Select/Unlimited to take my books out, because how is this new plan okay? 
Think about it, what other artist would sign up for a scheme like this? Would any other product be treated in this way? Who gets to pay for a percentage of what they've used and the vendor doesn't receive the full price of what they've provided. In my opinion, it's time for authors to value their work enough to say no to Amazon's capricious machinations. 

UPDATE:
Selena Kitt has written a post today following some questions she's asked Amazon.
http://selenakitt.com/blog/new-information-the-new-kindle-unlimited-what-it-means-for-authors-and-readers/

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