Amazon to start paying per pages read

I thought this an interesting change from Amazon, and for once it makes a lot of sense. In summary, from 1st July 2015 Amazon will be paying Kindle Unlimited (KU) and Kindle Owners’ Lending Library (KOLL) royalties based on qualified borrows, to paying based on the number of pages read

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).

From a personal perspective, this seems infinitely fair. I cannot help but wonder if it is time we started to apply this to all book royalties. I know from a personal point of view there plenty of times that I have bought a book, even after reading the free opening pages, only to be totally disappointed soon after hitting the ‘Buy’. At this point I either try and persevere, or give up, and tag it up as a never buy this author again.

A pages read perspective for all book royalties, would:

  • Mean good work and a well rounded story was rewarded.
  • People are less worried about giving a book a go, even from indie authors, because they only pay if they continue to read.

I know if I was given this option as a book reader I would take it, and as a future book seller, it would encourage me to produce a quality product.

Editing costs are on a word count, so perhaps it’s time to shake up the system, and apply the same principle to the way we pay for reading all book.

Full article here> Kindle Unlimited Pages Read

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5 thoughts on “Amazon to start paying per pages read

  1. It makes sense for Amazon to offer this as they already collect where you are in a book in order to provide you with the option of returning to that same point on a different device, but I can see how managing that sort of data for non-Amazon purchases could raise privacy concerns. Managing all that data could potentially force the smaller players to buy Amazon’s cloud hosting services, which, of course, is great for Amazon, but I can see how the business model would lose its appeal for other publishers.

    Liked by 1 person

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