Sci-fi and Heroic Fantasy discussion

Amazon has announced a New Kindle Unlimited (KU) / Kindle Owners Lending Library (KOLL) Royalty Formula for authors. In short, any time a book is borrowed under the KU or KOLL program, the author will be paid based on how many pages the borrower reads of that book.

(The old formula counted the book as read (for royalty purposes) if the borrower read 10%.)

It seems fair enough. Apparently a lot of authors were stacking the system by releasing their novels as ten parts mini series or something and thereby inflating the number of their 'books' on the site.

Deeptanshu wrote: "It seems fair enough. Apparently a lot of authors were stacking the system by releasing their novels as ten parts mini series or something and thereby inflating the number of their 'books' on the s..."

Yeah, it seemed like an improvement to me, too (despite a lot of articles in the press that missed that point.) I expect to see fewer of those 35 page books in the future.

G33z3r wrote: "Deeptanshu wrote: "It seems fair enough. Apparently a lot of authors were stacking the system by releasing their novels as ten parts mini series or something and thereby inflating the number of the..."
And that can only be a good thing. Those things were so annoying to download.

Or, if the book is rubbish and you don't get past 12% they only get paid for that much. :) *giggles*

Amelia wrote: "Or, if the book is rubbish and you don't get past 12% they only get paid for that much. :) *giggles*"
Well that's too bad for them but one cant argue that its more accurate and fair this way.

Nope. Agreed.