Amazon alters rules on royalties
Amazon is adjusting its royalty payments for writers who publish with its Kindle Direct Publishing platform to encourage addictive page turners.
The e-commerce retailer says it will pay its authors for books read with its Kindle Unlimited and Kindle Owners Lending Library service based on the number of pages read, starting July 1.
Kindle Unlimited is a $9.99-a-month service that lets users read an unlimited amount from a selection of about 800,000 books.
Kindle Owners Lending Library is a service for Amazon’s $99 annual Prime membership program that lets members borrow books to read for free.