New Kindle Direct Payment Policy

Amazon had announced a new method for determining payments to authors in the Kindle Unlimited (KU) and Kindle Owners’ Lending Library (KOLL) programs. Previously the authors were getting paid when their book was borrowed and at least 10% was read. Once the book was partially read, the author got a share of the total pool paid to authors that month. It didn’t matter if the book was 10 pages long or 500, the author got the same amount for each borrow. Naturally this led to a lot of short stories and serialized books.

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