Quote:
Originally Posted by AnemicOak
Do we know if trad pubs like Kensington are paid the same way self pubs in KU are? This quote almost makes it sound like perhaps they're being paid more along the lines of the way Scribd pays out (full amount of royalties normally due).
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I've always understood that trad pub borrows are treated the same as a sale, for the most part. They've never been part of the monthly pool that gets split up among the KDP KU authors.
This was in Publisher's Lunch when the program first started:
"...The company had previously offered Hunger Games for borrowing through the Kindle Owners Lending Library, though they did so without any specific permission from Scholastic, which was paid full price on each lend. Scholastic spokesperson Kyle Good confirms to us that it is “the same situation” for Kindle Unlimited — Amazon informed Scholastic they would be including the books in this program and “they have the right to do it” under their current contract, though there was “no new negotiated deal” specifically covering this usage. As with KOLL, Scholastic will get paid their full wholesale price every time one of their ebooks is opened by a Kindle Unlimited subscriber.
Other wholesale-basis publishers who declined Amazon’s offers to authorize participation have reported the same thing as Scholastic: That Amazon told publishers the etailer has the right to include ebooks in the initiative without permission, as long as they pay for each open as a regular sale. Offers made to publishers to directly authorize participation were similar to the way existing subscription programs such as Oyster and Scribd operate, where the publisher is paid full price after a certain specific percentage of any book is read."
http://lunch.publishersmarketplace.c...ffer-probably/