Instead, they advertise that millions of dollars are waiting in the pool to be scooped up by the Select writers.īut how much does an author typically earn from the pool? Note that the Kindle Lending Library was discontinued in early 2021.Īmazon doesn’t fully explain how its Global Fund (currently valued at $36.5 million) works for paying authors nor do they reveal the actual amounts they payout. The company also offers a separate Kindle Unlimited reading subscription for $9.99/month, but subscribers can only check out ten book titles at a time. Amazon offers this massive pool of content to its Prime subscribers “free”, but Prime membership costs $119 per year. In signing up, if you click certain boxes to participate in their Kindle Select program, you are joining a pool of writers where the royalty is not based on 70 percent or 35 percent but on your share of the number of pages read of your book divided by the number of pages read across the entire pool of the writers that month. There you can choose whether you want to be paid 70 percent of the retail price of the book and sell exclusively on Amazon, or whether you choose to be paid 35 percent with the freedom to sell through other resellers. It is easy to open a self-publisher account on their Kindle Direct Publishing (KDP) platform. How Amazon pays you to sell a book depends on whether you are publishing through its self-publishing platform and in which plan you select, or whether you have an agent and have sold to Amazon’s own publishing unit which operates more on the lines of a traditional publisher.
0 kommentar(er)
