Kindle Unlimited is a new program where readers can “borrow” an unlimited number of ebooks to read for a subscription price of $10. Writers are naturally concerned what this will do to their royalties. Bret Wilson investigated and reported his findings at our last writers meeting. Thanks, Bret
This is a copy of the information sent to me after my phone call with the people at Kindle Unlimited. Have a nice day. Bret
Sales rank is determined by a number of different inputs and may be changed over time. If your book is borrowed from the Kindle Owners’ Lending Library or read from Kindle Unlimited, your book’s sales rank will be impacted. Please note that only the first borrow or read from a customer will be counted.
The share of the KDP Select Global Fund is calculated based on a share of the total number of times customers read all participating KDP titles.
When a Prime Kindle Unlimited user reads more than 10% of your book for the first time, or a KOLL user downloads it for the first time, that qualifies you for a share of the fund.
For example, if the monthly fund amount is $1,000,000, with unique KOLL customers downloading and unique Kindle Unlimited customers having read past 10% of 300,000 total KDP titles, and your book was read 1,500 times, you will earn 0.5% (1,500/300,000 = 0.5%), or $5,000 for that month.
The payment schedule will be the same as your other sales from KDP, and will be one combined payment that includes royalties for sales and the payout from the Kindle Owners’ Lending Library.
Regardless of your country of residence, we’ll pay you via the method you’ve chosen in your account (Electronic Funds Transfer or paper check, depending on your particular options).
If you have additional questions about KDP Select, be sure to check out our Help pages:
I hope this helps. Thanks for using Amazon KDP. I hope you have a nice weekend ahead!