Quote:
Originally Posted by fjtorres
Payment is based on reading time rather than pages read.
Payout is per 300 minutes. After they take their standard 40% cut.
I suppose they went by time so speed readers can't clean then out?
Not sure how much creators might net but something is better than nothing so it might serve as a replacement for permafree.
So, anybody interested in seeing it in the US?
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That, and with Kobo's format the page count is a variable. Though I suppose they could have gone by percentage read. Time spent is probably also a better measure of average engagement, speed readers are not the standard after all. Of course 5 hour segments will probably encourage authors to pad out their books to hit average times that are whole multiples of 5hrs.