Thoughts on Amazon’s new royalties system

Amazon Kindle PDFAmazon very recently introduced a new way of calculating royalties for books borrowed in the Kindle Unlimited and Kindle Owners’ Lending Library schemes. Whereas previously royalties were based on the number of times a book has been borrowed, they will now be based on the number of pages read. Amazon will define what a page is according to font size and other parameters, so authors can’t pull a fast one by making the font huge!
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