Quote:
Originally Posted by Quoth
That's a consequence of the payment system also being broken. Amazon should pay in advance (per number simultaneously lent, so nothing if no-one borrows), (a library has to buy the paper or ebooks) and then pay a small royalty per loan, even if it's not read (Like UK and Irish Libraries do).
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Sadly, the first payment model for Kindle Unlimited was pretty much what you are advocating for. To put it mildly, it was a disaster for most authors. You might want to check articles such as
A History of Kindle Unlimited for more on this.