Great article from Chris McMullen about the new Kindle Unlimited Program at Amazon. Thanks for your thorough review, Chris!
Background image from ShutterStock
KINDLE UNLIMITED
Toward the end of July, 2014, Amazon introduced a new subscription service called Kindle Unlimited, which allows customers to read unlimited books for $9.99 (US price) per month.
- This includes 100,000 traditionally published books in addition to 600,000 KDP Select books.
- Most of the traditionally published books are from smaller publishers, but include some popular books such as Harry Potter.
- Customers can borrow up to 10 different books at a time (whereas Amazon Prime allows just one borrow per month).
- Kindle Unlimited only pays a royalty when a customer reaches 10% of the book’s length.
- All Kindle Unlimited downloads affect sales rank, regardless of whether or not the customer reaches the 10% mark.
- Royalties for Kindle Unlimited borrows have been as low as $1.30, down considerably from around $2 prior to Kindle Unlimited.
- Many books receive numerous Kindle Unlimited borrows, while borrows were…
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Happy 2015! Thank you for being you, and for your great books!
Best wishes
Inese
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Thanks so much, Inese! Thank you for taking such wonderful pictures and for being my friend. Here’s to a great 2015 for all of us! Take care and Happy New Year:)
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Thank you for your kind words!
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My pleasure! Take care 🙂
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Love the new header, very scary 🙂
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Thank you Andrea!! Wanted to get the word out that the audiobook is in the works! The voice we chose is really good! I can’t wait to hear the rest of the audio!!! Thanks for noticing the scariness!! 🙂
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I have not opted to try KU because I don’t ant to restrict distribution – the all eggs in one basket idea. The jury is a long way from coming in on the benefits or drawbacks of it.
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Agree…too soon to tell what the ramifications are for the author. Will have to wait and see what falls out after a year or so. Have a great weekend Yvonne!
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