Amazon’s Kindle Unlimited completely revamps how authors get paid

The world of indie publishing is set to undergo yet another tectonic shift, initiated by the world's biggest publisher: Amazon

In a message posted to its website last week, the company announced plans to dramatically change the way it pays authors enrolled in its Kindle Unlimited program, the Netflix-like service that allows readers to pay a flat fee ($10) to borrow an unlimited number of books every month. As of July 1, authors will be paid based on the number of pages the consumer reads.

"We're making this switch in response to great feedback we received from authors who asked us to better align payout with the length of books and how much customers read," the message said Read more...