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WOW! Kindle Unlimited Paid $1.81 in July, 2014 (Updated)


Fourth Quarter Pic

Kindle Unlimited

KDP Select historically paid approximately $2 per Amazon Prime borrow.

Kindle Unlimited allows customers to download multiple books, whereas Amazon Prime used to allow only one borrow per customer.

Also, Kindle Unlimited readers don’t need to read their books on a Kindle device.

So there was much concern that Kindle Unlimited may pay much less than the usual $2 per borrow.

Well, the results are in, and Kindle Unlimited paid $1.805 per download/borrow.

Three factors helped out:

  1. Amazon added $800,000 to the July, 2014 KOLL fund, bringing the total to $2 million for the month.
  2. Then Amazon added another $785,000, bringing the KOLL fund up to $2,875,000 for July, 2014. That’s more than double the usual fund.
  3. Customers had to reach the 10% mark of the book before authors would receive royalties for Kindle Unlimited downloads.

The August, 2014 KOLL fund will again be $2 million.

Although July…

View original post 108 more words

About The Owl Lady

Viv Drewa is a Michigan native who has enjoyed reading and writing since 1963. Though she studied medicinal chemistry at the University of Michigan, her passion has always been writing. She had been awarded third place for her nonfiction short story about her grandfather's escape from Poland. Later, she rewrote this story and was published in the "Polish American Journal" as "From the Pages of Grandfather's Life" and has republished it on Amazon.com as a short story. Viv took creative and journalism courses to help in her transition to fulfill her dream of becoming a writer. She worked as an intern for Port Huron's 'The Times Herald", and also wrote, edited and did the layout or the Blue Water Multiple Sclerosis newsletter "Thumb Prints." She also has a business promoting authors. Owl and Pussycat Book Promotions. Viv, her husband Bob and their cat Princess, live in Fort Gratiot, Michigan.

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