From amazon's new subscription service:
"KDP Select authors and publishers will earn a share of the KDP Select global fund each time a customer accesses their book from Kindle Unlimited and reads more than 10% of their book-–about the length of reading the free sample available in Kindle books-–as opposed to a payout when the book is simply downloaded. Only the first time a customer reads a book past 10% will be counted."
Given the number of cheap/free downloads that never get looked at again, it'll be interesting to see how self-published Kindle superstars react when their monthly checks are cut in half. Amazon will work pretty hard at getting their power users to subscribe, and those users, I suspect, are just like the people who take one bite of everything on a buffet line.
Published on July 18, 2014 08:29