Quote:
Originally Posted by rhadin
As what the indie author's book earns is based on a percentage of all borrowings, does the indie author have the right to audit the entire program to ensure that the calculation is correct? In other words, other than blindly accepting Amazon's pronouncement that there were x number of total borrowings, how does the indie author verify it?
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Yeah, that made me twitch a little, too. The payout is based on how many times Amazon says your book was checked out as a function of how many times all books were checked out, and modified by an arbitrary "monthly investment" number that Amazon can set to be ANYTHING.
So basically your payout is whatever the heck Amazon says it is with no way to verify any of those three numbers.
A flat rate I could see signing on for. (Except I abhor exclusivity and non-compete clauses. But let's pretend that's not the case here.) A free rate from a non-profit library I would sign on for. A variable, undeterminable rate from a company making profit off my back? Nah, no thanks.
That's just me though.
