Quote:
Originally Posted by Fbone
The Hunger Games trilogy claim the top three spots. It looks like Ms Collins will bring home a sizable piece of the $500,000.
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The Hunger Games is published by Scholastic, one of the big publishers. When the Amazon Prime Kindle Owners' Lending Library was first announced at the beginning of November, only the large publishers were included. At that time, Amazon stated: "For the vast majority of titles, Amazon has reached agreement with publishers to include titles for a fixed fee. In some cases, Amazon is purchasing a title each time it is borrowed by a reader under standard wholesale terms as a no-risk trial to demonstrate to publishers the incremental growth and revenue opportunity that this new service presents."
So, most large publishers are paid a fixed price for each book borrowed, and they are not sharing in the $500,000 pot. That money is only available to those who publish exclusively through Amazon's Kindle Direct Publishing (independent authors and small press). Here's a link to Amazon's
press release that was published today.