Just thought I would write a quick post about what’s been going on in the world of self-published authors. As you may know Amazon recently announced a new per page payment scheme for indie authors enrolled in KDP Select. Today we received an email that suggested the per page payment would be less than half a cent This means that projected sales are much, much lower than ever before. Smoldering Books is no exception to this cut and at this stage we’re keeping our options open and hoping that Amazon releases more information about the payment rate.
We will keep you updated with our decisions, but we are actively looking at removing all titles from the KDP Select program in order to publish on other stores. This is to ensure that our authors and all indie authors, get a fair compensation for their efforts, and can continue to provide the books you love. If you want to read more Selena Kitt has a great post summarising what you can do to let Amazon know. We need more information and to not have our livelihoods pulled out from under us.
Thanks for your support.