I’m sure everyone’s heard about the new KU payouts for authors, starting next month. If you haven’t, they’re going to start paying on number of pages read, not passing 10%. Some people think it’s a positive step, others see it as negative. I suppose that depends on the length of the books they have in the programme.
But, let’s not forget that Amazon’s ultimate aim is to benefit Amazon. They need to make money.
The thing is, when you have an all-you-can-eat subscription service, you don’t care about finishing books. You might read beyond the ten per cent, because that’s only 30 pages in a 300 page book. But if you decide you don’t like the book and you’re a quarter of the way through, or half way, you can just give up on it and try something else. It doesn’t cost you any more.
Amazon already knows how many books are abandoned, and exactly where.
I imagine there will be a significant number of authors who are shocked by how many people abandon their books a long way from the end and how little money they will now make.
Is it fair? Yes, and no. It is fair that if you have a great book that people can’t put down, that you are properly compensated for that. But, if someone bought the individual book, you’d get paid for the complete book, even if it was abandoned.
This is the digital age, and things change every day. Everyone who wants to be a success in KU is going to have to start writing page-turners. I wonder how long it will be before the other subscription services decide to do something similar.