Quote:
Originally Posted by BearMountainBooks
There were quite a few top-selling names in the program (many of them published with Amazon's various branches). Many of them are leaving the program because they feel it has cut into their income--instead of sales where they were able to make more money, they get a cut.
The very top borrows for the month do get bonuses. But there are only 5 or so bonuses and a lot more authors who feel their income as taken a hit.
The thing is that all these programs--free books, borrows and the like tend to eat into "buying habits" so even if authors exit the program they may find that purchasing is actually down. It remains to be seen how the whole thing works out. The first few months haven't gone particularly well for authors, but as someone said, 1.35 per read could look good a year or two from now if buying habits stay down.
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Interesting. Presumably authors who believe they can make more by taking a more conventional sales route will leave KU. This may mean that KU will ultimately contain less quality writing.
I'd like to see figures of what authors are actually making from KU.