Wednesday, July 23, 2014

Doubts raised by indie authors over KU terms


Independently published authors have responded with caution to Amazon’s launch of its new subscription service Kindle Unlimited.

Concern has been raised that the move could dilute author earnings, while limiting authors’ abilities to sell their content on other e-book sites. Some have also questioned why Amazon is paying participating publishers a wholesale fee for the read of each title, while indie writers are offered a percentage of a pool of money.

There are also questions of how the subscription service will effect e-book sales on Kindle, and the impact it is already having on Kindle’s bestseller charts—with each "read" on Kindle Unlimited counted as a sale.Kindle Unlimited launched last week with 600,000 e-books and 2,000 audio-titles made available for a monthly fee of $9.99. It competes directly with rival services such as Scribd and Oyster. So far the vast majority of titles are co-opted from Amazon’s KDP Select service for indie writers, which demands exclusivity in return for additional promotional opportunities.
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