Amazon announced their retroactive pool of money to compensate their exclusive, self-published authors for titles read through the Kindle Unlimited subscription program in October. The company allocated $12.4 million — up from $12 million in September — but pages read grew more than dollars allocated, so the payment per page dropped to $.004809. As KU authors quickly noted online, the payment per page has declined every month since Amazon switched to paying by pages read rather than books borrowed. The payments started at $.005779 per page for July. The total pool of money paid out has grown $900,000 since July […]
