I found this interesting. Maybe you will too.
The article says that authors gave Amazon great feedback about aligning payments for books read with the length of the books. Amazon listened and starting today, July 1, 2015, Amazon will pay self-published authors by pages read when a reader borrows a book from the kindle lending library.
Self-published authors will be paid for each page read the first time by a reader, so if you have a long page-turner, you’ll make more money than an author whose book is never finished by the reader. I’m always skeptical when a large conglomerate comes up with something new to benefit others and not themselves, but let’s see how all this works out. Time will tell. Maybe authors really will make more money if you have a compelling book out there to read.
If you’re unhappy with the program, you do have the option of removing your book from the kindle unlimited plan.
In a way, this is a reward for the writers who are diligent about writing the best book possible and having their books edited before placing them out there in the marketplace for sale. This has to be a good thing. Does anyone have opinions on this?
To read the entire article here, click here.