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Announcement: Announcement: KDP Select Global Fund Updates


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Announcement: Announcement: KDP Select Global Fund Updates
Posted By: kdpadmin
Created in: System: Global Announcement
Status: Expired
Posted: Dec 10, 2015 2:28 PM

Hello,

The KDP Select global fund will be at least $12M in November. Through November, we will have paid out more than $120 million to KDP Select authors over the last 12 months for their Kindle Unlimited (KU) participation.

As we’ve expanded KU to more countries, a number of the program’s elements – such as exchange rates, customer reading behavior, and local subscription pricing – now vary substantially by marketplace, making it clear that a ‘one size fits all’ approach won’t work. As just one example, we recently launched KU in India with a local subscription price of ₹199 ($3.00) per month. As a result, starting with the November fund, we will work to take these marketplace differences into account and payouts per country will differ based on local country factors.

You will be able to see the amount you have earned in each country in your royalty report. Our long-term goal, as always, is to build a service that rewards authors for their valuable work, attracts readers around the world, and encourages them to read more and more often. For more information on KDP Select and Kindle Unlimited, go here.

Best regards,

The Kindle Direct Publishing Team