Amazon is introducing a new payment method for self-publishing writers on Kindle’s Direct Publishing platform. The independent authors will be paid based on the number of pages read instead of the number of times the books have been borrowed. Amazon has a complex method to determine payment for the indie authors. The company has a fund they use that’s set every month. This new plan will give authors a share of that fund based on the pages read.
The Kindle Direct Publishing platform lets authors make key decisions about their books, including setting list prices, managing rights, and editing the book at any time.
Source: Reuters