Read All You Want!
Now readers can, using Amazon’s new Kindle Unlimited. For $9.99 a month, customers in the United States can download and read as many Kindle Direct Publishing (KDP) Select books as they want. There are presently 600,000 titles from which to choose.
The two-million dollar question is: How much money will authors make when a customer downloads their book?
The first part of this answer is ZERO, unless the customer reads past 10% of the book. This is an important point, as many customers will think they are supporting authors they know just by downloading their books. But if they don’t read more than 10% of those books, the author won’t earn any royalty for the trouble.
What about when customers pass the 10% mark—how much will authors make then?
Well, nobody knows for sure. Amazon can’t tell us up front. Amazon is telling us how they…
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