Announcement: Introducing New KDP Select Global Fund Reading Based Model
|Announcement: Introducing New KDP Select Global Fund Reading Based Model|
In mid-June, we announced a change to the way we will pay for authors’ participation in Kindle Unlimited (KU) and the Kindle Owners’ Lending Library (KOLL). Starting today, the payout of the KDP Select Global Fund will be based on the number of pages KU and KOLL customers read.
In mid-July, we will post results for the fund in June, expected to be at least $11M, making June the largest monthly payout so far. As previously announced, the KDP Select fund for July and August will also be at least $11M.
KDP authors can now see the Kindle Edition Normalized Page Count (KENPC V1.0) for each of their KDP Select titles on the "Promote and Advertise" page in their Bookshelf. Please keep in mind that, because it is based on settings specific to this program and intended to normalize the count across all KDP Select titles, KENPC may well vary from page counts listed on a book’s Amazon detail page or page counts for a print book. As measured using KENPC, during the month of June, KU and KOLL customers read nearly 1.9 billion Kindle Edition Normalized Pages (KENPs) of KDP Select books.
For information about how we determine a book’s Kindle Edition Normalized Page Count (KENPC V1.0), you can read more here.
We welcome your continued feedback and ideas about how we can further improve Kindle Direct Publishing and Kindle Unlimited.
The Kindle Direct Publishing Team