I remember, many months ago, when the Kindle Unlimited per-page rate first dropped below half a penny per page. This was early after the switch to paying for pages read.
There were many prophecies that it would continue to plunge deeper and deeper and would soon be worthless.
Yet many months later, it has again exceeded half a penny per page (though barely). Not only that, the KENP read rate has held fairly steady for eight months.
All the while, the KDP Select Global Fund has climbed up to $16.2 million, though it had been several million lower when the transition to pages read was made.
Both are signs that Kindle Unlimited is thriving.
Update: If you’re looking for the exact figure, it is $0.005189724 per KENP read.
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Thanks for this latest information, Chris. 🙂 — Suzanne
You’re welcome, Suzanne. 🙂
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Do you have the exact number for October? I have gotten this number from you each month. Thank you.
Yes. It is $0.005189724 per page read. 🙂
That’s good news!
I was just editing a post from a year ago, and thought I’d come say Hi!
Thank you, and ‘Hi.’ 🙂
you’re welcome, Chris.
Also, remember that the KENP computed for a typical fiction book of mostly text seems to come out at about TWICE the actual page count (984 for Pride’s Children vs. 482 for the print version’s page total), so look at your KENP (available on Kindle Direct page), and if you’re like me, you’re making a penny+ per actual page.
Still have to find readers, but it’s twice as good.
Chris, Thanks for the great education and info you’re providing. I just published my first book in November. I received an email yesterday concerning November’s monthly global fund reaching $16.3M. How are you determining the overall monthly page reads in order to reach your $0.005189724? Is the page read total given somewhere?
My first month of being published I garnered around a quarter of a million page reads, and have already reached that number just halfway through December. So, I’m interested in trying to determine an accurate figure to build my forecasted spreadsheets from. -Thanks!
Amazon doesn’t advertise the per-page rate. We have to figure it out from the month-to-date report. I will be posting November’s rate in a while (hopefully, later today). December usually has high page reads and a somewhat lower per-page rate, perhaps due to holiday Kindle sales, but you never know until the 15th of the following month. Usually it comes near half a cent per page. Good luck with your books. 🙂