Amazon Changes Self Publishing Forever - Again

Posted: Jun 20 2015, 1:15pm CDT | by , in News | Latest Business News

 

This story may contain affiliate links.

Amazon Changes Self Publishing Forever - Again
Photo Credit: Getty Images

Don't Miss: This How to find Fingerlings in Stock

The self publishing haven will only pay when books are read.

There has been a boom lately in self publishing, as more and more people are fulfilling their dreams of getting the written word out on the internet. Many have turned to Amazon for the opportunity, because it is cost effective and gives them a rather large audience. However, Amazon has been facing a slew of user complaints because they haven't been receiving quality content.

So Amazon came up with a solution that has a lot of people talking.

Amazon has developed a new plan, that was apparently quite a few years in motion, that will aim to keep self-published authors honest: they're only going to pay them when someone actually reads a page. Many have suggested that this is going to change the lives of readers, editors, writers, and even publishing companies. Fat, impressive coffee table books are out if no one reads them. Thin, concise authors will be bereft. Page turners are in.

Of course, this will only work on e-reader books, and not on books that one could actually put on a coffee table.

The royalties break down as follows:

  • The author of a 100 page book that was borrowed and read completely 100 times would earn $1,000 ($10 million multiplied by 10,000 pages for this author divided by 100,000,000 total pages).
  • The author of a 200 page book that was borrowed and read completely 100 times would earn $2,000 ($10 million multiplied by 20,000 pages for this author divided by 100,000,000 total pages)
  • The author of a 200 page book that was borrowed 100 times but only read halfway through on average would earn $1,000 ($10 million multiplied by 10,000 pages for this author divided by 100,000,000 total pages).

No word on how exactly they are going to check that - but it is going to be interesting to see how it impacts on the writers and readers.

Holiday Gift Guides and Deals

Get your Holiday gifting inspired by Best Toy Gifts with High STEM Value and the Top 10 toy gifts under $10 if you are on budget. The most popular Holiday 2017 toy list include Fingerlings, Crate Creatures and more. Don't miss the new Holiday deals on Amazon Devices, including $29.99 Fire tablet.

This story may contain affiliate links.

This free App Solves You Holiday Shopping Problem


Download the free Tracker app now to get in-stock alerts on Fingerling, Luvabella, SNES Classic and more.

Latest News

Comments

The Author

<a href="/latest_stories/all/all/46" rel="author">Noel Diem</a>
Noel passion is to write about geek culture.

 

 

Advertisement

comments powered by Disqus