Amazon Ready To Pay Authors For Reading Pages
Amazon will now pay the authors based on the numbers of pages read by people.
Amazon Inc. is the largest online retailer in the United States that guarantees customer satisfaction. The company has expanded into various business categories and became the market leader in a few of them. One of the successful businesses of the company is e-books where the company has a diversified range of books on its Kindle platform. The recent news regarding Amazon Kindle is that the corporate giant is introducing a new system that will alter the rules of how authors and publishers make money from their books on Kindle.
The new policy will be effective next month that will pay the authors and publishers based on the numbers of pages read from their books by a reader instead of the number of copies sold. Undoubtedly, the scope of this change is very limited for the time being. The new system will be adjusting the authors’ pay and the methods of receiving royalties for all the books that are listed on Amazon Lending Library or Kindle Unlimited. It is believed that the books available on the former are free for all Amazon Prime members.
Both of company’s e-book platforms use subscription model. The Verge reports, “Specifically, the rules apply to authors enrolled in Amazon's Kindle Direct Publishing (KDP) Select program, which provides an easy outlet for authors to self-publish their books. It's not clear how or if the new system will apply to books from major publishers that are included in the Lending Library catalog.”
Sources familiar with the matter suggest that the company will be introducing KENPC 1.0, which stands for ‘Kindle Edition Normalized Page Count’. This new metric will be defining the page to the machine. According to the company, “We calculate KENPC based on standard settings (e.g. font, line height, line spacing, etc.), and we'll use KENPC to measure the number of pages customers read in your book.”
The retail giant explains that this change has to be made in response to a few complaints made by the authors of books. They believed that they feel short ‘shrift’ under the previous system; hence, the new system will prove to be beneficial for them in a longer run. Authors argued that being paid the same for the short or lengthy books does not justify their royalties and this may further “not provide a strong enough alignment between the interests of authors and readers”.
The online organization played smartly and instead of paying more royalties to such authors, they introduced KENPC.