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POSITIVE INDICATORS

There are reasons to be positive about Kindle Unlimited:

• The per-page rate is $0.00454 for May, 2018 for books borrowed through Kindle Unlimited and Amazon Prime, which is almost identical to what it was ($0.00456) in April, 2018.
• The per-page rate has been quite stable this year, very close to $0.0045 each month since January, 2018.
• The KDP Select Global Fund made a significant jump, climbing to $22.5 million for May, 2018 (compared to $21.2 million for April, 2018).
• The KDP Select Global Fund has steadily risen for years: $22.5 million is a new high. (Many people argued with me when the per-page concept was introduced, saying it would quickly drop down way below $10 million.)
• The Kindle Unlimited market is significant. Amazon is on pace to pay $250,000,000 in royalties for KDP Select eBooks borrowed through Kindle Unlimited (and also Amazon Prime, though Prime…