Wow: Kindle Unlimited Clears Half a Penny per Page (December, 2017)

KINDLE UNLIMITED UPDATE FOR DECEMBER, 2017

The Kindle Unlimited per-page rate finished 2017 with a Bang, paying over $0.005 per page read ($0.00506394 to be precise).

The per-page rate has climbed above half a penny per-page a few times in the past, but usually it is under $0.005.

Part of the explanation appears to be KENPC v3.0. Amazon KDP introduced the new KENPC calculation when the per-page rate had dropped to the low $0.004’s in July. The per-page rate has climbed steadily ever since.

Part of the explanation may also be that December is a very busy holiday sales month.

The KDP Select Global Fund also increased to $19.9 million. While the KDP Select Global Fund has consistently increased over the life of the Kindle Owners’ Lending Library, what’s different now is that for five months the per-page rate and global fund have both increased together. It’s a nice trend.

While it’s nice to see the per-page rate and global fund both rising, be prepared. The per-page rate is generally a bit of a roller coaster ride, and when it peaks above $0.005 per page, it may not last long. Be prepared in case it dips back below $0.005 per page, but be hopeful that it stays above $0.005.

The global fund tends to climb over time (with only an occasional exception), but history suggests that the per-page rate won’t continue to climb forever (though I’d love to see it prove me wrong).

Enjoy it while it lasts, hope it continues, and realize that it has been fairly stable in its oscillation between $0.004 and $0.005 ever since the per-page concept was introduced.

Really, neither the per-page rate nor the global fund are the points to worry about.

The trick is to get more people to read more of your books. 🙂

Copyright © 2018

Chris McMullen

Kindle Unlimited Per-Page Rate Continues to Rise (November, 2017)

KINDLE UNLIMITED PER-PAGE RATE, NOVEMBER, 2017

Through July, 2017, the Kindle Unlimited per-page rate had been spiraling downward.

But Amazon introduced KENPC v3.0 before it could drop below $0.004 per page.

The per-page rate has steadily climbed since.

  • November: $0.00463 per page
  • October: $0.00456 per page
  • September: $0.00443 per page
  • August: $0.00419 per page
  • July: $0.00403 per page

The KDP Select Global Fund also hit a new record high.

  • November: $19.8 million
  • October: $19.7 million
  • September: $19.5 million
  • August: $19.4 million
  • July: $19.0 million
  • June: $18.0 million

It’s nice to see the per-page rate rising alongside the KDP Select Global Fund.

However, at some point the per-page rate will reach a plateau, whereas the KDP Select Global Fund has risen steadily for years.

I remember the days when the KDP Select Global Fund was below $10M. I remember the people who claimed that $10M would just be the gravy to entice authors into KDP Select, and that it would surely drop once it got settled. But it’s since doubled, continuing to rise.

I also remember every time the Kindle Unlimited rate dropped to near $0.004 per page several people crying the end of the world, that it would drop below $o.004 and never return. But yet again it has bounced back.

The Kindle Unlimited per-page rate is a bit of a roller coaster ride with peaks and valleys. After it peaks and drops a bit, try not to panic. 🙂

Overall, the KDP Select per-page rate has experienced relative stability between $0.004 and $0.005 (occasionally rising slightly over $0.005).

Copyright © 2017

Chris McMullen

Kindle Unlimited: October, 2017 Marks Steady Improvement

KINDLE UNLIMITED PER-PAGE RATE, OCTOBER, 2017

The Kindle Unlimited per-page has continued to increase ever since the inception of KENPC v3.0.

  • October: $0.00456 per page
  • September: $0.00443 per page
  • August: $0.00419 per page
  • July: $0.00403 per page

The KDP Select Global Fund has increased steadily over a much longer period (just a couple of years back, it was half as much).

  • October: $19.7 million
  • September: $19.5 million
  • August: $19.4 million
  • July: $19.0 million
  • June: $18.0 million

Copyright © 2017

Chris McMullen

Kindle Unlimited: Movin’ on up (September 2017)

KINDLE UNLIMITED PAGES READ, SEPTEMBER, 2017

The Kindle Unlimited per-page rate increased for the second month in a row.

The September, 2017 rate of $0.00443 is a healthy boost over the August rate of $0.00419 and the July rate of $0.00403 per page.

Both of these increases followed the introduction of KENPC v3.0.

The KDP Select Global Fund for September, 2017 is $19.5 million.

Overall, Amazon is paying out more money per month than ever for Kindle Unlimited: The global fund has climbed over 20% over the past year.

That comes to over $200M per year, and that doesn’t even include royalties for ordinary sales—that’s just for pages read through Kindle Unlimited (and to a much lesser extent, Amazon Prime).

Copyright © 2017

Chris McMullen

Kindle Unlimited Per-page Rate Back Up for August, 2017

Image from ShutterStock

KENP RATE FOR AUGUST, 2017

Good news: The per-page rate for Kindle Unlimited bounced back up to $0.00419 per page for August, 2017.

It had dropped down to $0.004034 for July, 2017, which was right on the cusp of dipping below $0.004 for the first time ever.

So it’s nice to see it rise back up a bit. It nearly returned to the rate for June, 2017, which was $0.004223.

Of course, it’s all relative. The per-page rate was very close to $0.005 back in February and steadily declined from March thru July.

So it’s also nice to see August at least temporarily break the trend of declining per-page rates.

Also, remember that Amazon KDP introduced KENPC v3.0 just recently.

The KDP Select Global Fund also hit a record high, $19.4 million for August, 2017.

The global fund has steadily risen over a period of years, which shows a strong and growing Kindle Unlimited program.

Copyright © 2017

Chris McMullen

Kindle Unlimited KENP Pages Read for April, 2017

APRIL, 2017 KINDLE UNLIMITED PAGES READ RATE

The KENP per-page rate for Kindle Unlimited held steady in April, 2017.

The KENP per page rate for April, 2017 is $0.00457, which is nearly identical to the rate for March, 2017, which was $0.00460 per page.

The KDP Select Global Fund also held steady in April, 2017.

The Global Fund is $17.8M for April, 2017, which is slightly up from March, 2017, for which the Global Fund was $17.7M.

Copyright © 2017

Chris McMullen

Kindle Unlimited per-Page Rate for January, 2017

Image from ShutterStock.

Image from ShutterStock.

JANUARY, 2017 PER-PAGE RATE FOR KINDLE UNLIMITED

The KENP per-page rate for Kindle Unlimited dropped down to $0.004754 for the month of January, 2017.

But I’m not worried:

  • The per-page rate (and Prime borrows before that) generally take a noticeable dip in January. It’s not a surprise. (What’s a surprise is that it didn’t drop in December.)
  • The per-page rate in January, 2017 is much higher than it was in January, 2016.  It was at an all-time low of $0.00411 one year ago. Compared to the previous January, $0.004754 is sweet.
  • The per-page rate has been fairly consistent. It was over half a penny per page for a few months in a row, at a lengthy relative high, and before that, $0.004754 would have seemed like a good number. Again, it’s typical to see a drop in January, so I wouldn’t panic.
  • The KDP Select Global Fund hit a new high, climbing up to $17.8M for January (from $16.8M in December). It’s also typical to see the Global Fund rise in January. It’s a good sign: Amazon paid $1M more than usual, which shows that Kindle Unlimited is holding strong.

Copyright © 2017

Chris McMullen

Kindle Unlimited above Half a Penny per Page 3 Months in a Row!

Image from ShutterStock.

Image from ShutterStock.

KINDLE UNLIMITED

The Kindle Unlimited KENP per-page rate for December, 2016 is $0.00524.

That makes three months in a row that it stayed above half a penny per page.

Amazingly, the per-page rate didn’t drop during the holiday season. That’s great news.

At the same time, the KDP Select Global Fund has risen from $16.3M to $16.8M.

It’s a nice trend that the global fund continues to rise, while the per-page rate is holding steady at a plateau above half a penny per page.

Copyright © 2017

Chris McMullen

Kindle Unlimited Per-page Rates for 2016

ku-per-page-2016

Kindle Unlimited rates (in dollars) for KENP pages read in 2016

WHAT DID KINDLE UNLIMITED PAY FOR PAGES READ IN 2016?

In 2016, Kindle Unlimited began by paying just over $0.004 per KENP page read, but finished strong, paying over $0.005 per KENP page read in the final months, showing a steady increase over the last four months.

Here is a breakdown by month, from January, 2016 thru November, 2016 (in dollars):

January 0.00411
February 0.00479
March 0.004779
April 0.004957
May 0.004686
June 0.004925
July 0.00481
August 0.004575
September 0.00497
October 0.00519
November 0.005375

The KDP Select Global Fund showed continued growth throughout the year (the following figures are in millions of dollars):

January 15
February 14
March 14.9
April 14.9
May 15.3
June 15.4
July 15.5
August 15.8
September 15.9
October 16.2
November 16.3

This means that Amazon is paying approximately $186,000,000 in royalties for Kindle Unlimited (and Amazon Prime) pages read in 2016, just for KDP Select books (the traditionally published books in Kindle Unlimited evidently receive a separate payout), and that’s on top of the royalties that they receive for sales.

Actually, Amazon paid even more money because on top of the $186,000,000 they also pay All-Star bonuses (when I inquired, KDP informed me that the All-Star bonuses are paid separate from the global fund).

Paying nearly $200 million in royalties for borrows (primarily) through Kindle Unlimited, this is a very significant share of the royalties paid for e-books.

The KDP Select Global Fund continues to rise (now over $16 million per month), and the per-page rate has also steadily risen the past four months. This data suggests that Kindle Unlimited is growing stronger. Of course, the number of e-books enrolled in Kindle Unlimited also continues to rise (across most categories) significantly.

Chris McMullen

Copyright © 2016

Chris McMullen, Author of A Detailed Guide to Self-Publishing with Amazon and Other Online Booksellers

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Kindle Unlimited Back Above Half a Penny Per Page

Image from ShutterStock.

Image from ShutterStock.

KINDLE UNLIMITED

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.

Chris McMullen

Copyright © 2016