If It Sounds Too Good To Be True . . .
Welcome to Katzenhaus Books, where we tell - the stories behind the history.
RSS Follow Become a Fan

Delivered by FeedBurner


Recent Posts

One More Before the Excitement Fades
Trumpets! Confetti! Funny Hats! Screaming Crowds!
Getting On with the Writing
Turning an Idea into a Business
The Second Mouse Goes Digital

Categories

A new contest
Abolition
absurdity
academic myopia
Almost Free
Amazon
ancestors
Announcement
apocalypse
Applications and software
Appomattox
Arnulf of Lisieux
art of speaking
attracting readers
audience
audio books
Author Central
Author Gifts
author's Plea
awards
baseball
basketball
Battle of Port Royal
Battles
biographical
blind artists
blockade
blog chain
Book Club Guides
Book Design
Book Launch
book stores
book trailer
bookstores
Boxed Set
bright ideas
Building a platform
business
Business plan
Busy-ness
butterflies
Career choices
cats
celebrations
cemetery research
Census
challenges
characterization
Characters
Charleston
children
children's books
choosing a publisher
Choosing a Title
Christmas Past
Civil War
commercials
Computer Hacks
Confederates
Conferences
Connections
constitutional amendments
construction
Contract labor
cotton
Countdown Sale
Countdown to Launch
Cover Designs
Cover images
cutting and pasting
Cyber Monday
daily drama
daily events
Dead Mules
Deal of the Day
decisions
depression
diversions
dogs
Do-Overs
DRM
earthquake
e-book pricing
e-books
editing
elevator speech
elmore leonard
Elves and Holidays
Emancipation
England
English class
evidence
Excerpt
exclusivity
Exercise
Expertise
Facebook
fact and fiction
failures
fame and fortune
family affairs
Favorites
Fear of Failure
Fish
flood waters
flowers
food delights
Formatting
Fort Pulaski
free chapter
Free Days
freebies
Friendship
Frogmore
garden
gardens
genealogy
Getting organized
ghost stories
Giveaway
Goals
good business
good news
grammar cops
gratitude
gray horses
gripes
grocery shopping
guest blogs
Gullah
handicaps
Harriet Tubman
Hiatus
Historical background
Historical Fiction
historical puzzlers
historical thinking
history lessons
Holidays
home office
hope and kindness
horse races
horses
hurricanes
identifying your audience
illustrations
imagination
indie authors
Inspiration
inspirations
internet
internet history
intruders
ISBN
Kalamazoo
karma
Kindle
Kindle links
Kindle rankings
Kindle Serials
kings
Klout
Ku Klux Klan
Lack of co-ordination
landmarks
language
Laughs
launch dates
Laura Towne
Layouts
legal matters
lending library
Lessons learned
lessons unlearned
libraries
literary genres
local news
love story
making choices
Marketing
Matchbooks
medicine
medieval-isms
Meet the Characters
Memorial Day
memories
Milestones
military matters
mind-mapping
Misfis
Monthly Musings
name recognition
NaNoWriMo
Nellie Chase
New Blog
New Book
New England
New Research
New Year
newsletters
nonfiction
non-profits
nostalgia
Nurses
oddities
odds and ends
olympics
omens
opening lines
outrage
Oxford
Papacy
parties
Penn Center
photographs
picture book
Pinterest
Pinterest and copyrights
Pirates
planning ahead
plot
point of view
polite society
politics
portraits
powerful women
Predictions
pre-orders
press release
previews
pricing
Principles
procrastination
productivity
Profiles
Progress Report
Promotions
proofs
pros and cons
publishing
publishing companies
publishing ploys
publishing rights
pure sentimentality
puzzlements
quiz
rain
random thoughts
RBOC
read an ebook
readership
recipes
Reconstruction
Relaxation
research
Resolutions
reviews
road trip
rough draft
Roundhead Reports
royalties
rules
SALE
Sales
scams
schedules
Scoop It
ScoopIt
seasons
Secessionville
second edition
Second Mouse
self-publishing
settings
Shiloh
Short Stories
Silliness
slander
Slavery
small world
Smile of the Day
snow, living in the south
social media
software
software disasters
South Carolina
Speechless!
sports
Spring
story arc
Substitutes
Success
summer
Synopsis
Taking a Break
Taxes
Thank You
the difficulties of blogging
The Gideonites
Theme
Tongue-in-cheek
Traditions
trailer
Travelog
trilogies
trolls
Tweet
Twitter
Upcoming Events
using commas
Vacation
vacation photos
Valentine
video
Visitor
vocabulary
Volunteering
voting
warnings
weather
weather trauma
website
word counts
Word-of-Mouth
Words
Words of Warning
Writer Beware!
Writer's Block
Writing Advice
Writing as Career
writing process

Archives

November 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010

powered by

"Roundheads and Ramblings"

If It Sounds Too Good To Be True . . .

Here's the message Kindle Select customers received in their email today:

Hello,
Today we are excited to introduce Kindle Unlimited-–a new subscription service for readers in the U.S. and a new revenue opportunity for authors enrolled in KDP Select. Customers will be able to read as many books as they want from a library of over 600,000 titles while subscribed to Kindle Unlimited. All books enrolled in KDP Select
with U.S. rights will be automatically included in Kindle Unlimited.
KDP Select authors and publishers will earn a share of the KDP Select global fund each time a customer accesses their book from Kindle Unlimited and reads more than 10% of their book-–about the length of reading the free sample available in Kindle books-–as opposed to a payout when the book is simply downloaded. Only the first time a customer reads a book past 10% will be counted.
KDP Select books will also continue to be enrolled in the Kindle Owners' Lending Library (KOLL) available to Amazon Prime customers in the U.S., U.K., Germany, France, and Japan where authors will continue to earn a share of the KDP Select global fund when their book is borrowed. KOLL borrows will continue to be counted when a book is initially downloaded.
For July, we've added $800,000 to the fund, bringing the July fund amount to $2 million.
Learn more about Kindle Unlimited. Visit your Bookshelf to enroll your titles in KDP Select, and click on "Manage Benefits" to get started.
Best regards,
The Kindle Direct Publishing Team

What's not to like about all that?  Quite a bit, as it turns out.

1. In order to participate in this program, an author must remove his book from all other outlets. If you sell your books to Nook users, or in Apple's iBooks, or in other distributors' catalogues, you have to remove them completely.  Can you spell monopoly?

2. The Kindle Unlimited agreement says the author will receive "a share of the global fund" each month for every time a book is accessed.  But "Share" is not defined, and we already know that the "Global Fund" varies in amount from month to month.So there's no solid information about how much each book access will amount to, except for the fact that it is always subject to change (and I'm betting that change won't be for the better!) The author gives up a set royalty for a gamble.  And just like a casino, you can be pretty sure that the house [read: Amazon] will always win.

3. There's another small detail that bothers me.  The author doesn't get paid until the reader reads more than 10% of the book. Now, how many times have you purchased a book and then discovered that you don't have time to read it right away?  How many books are in your own "to be read" stack?  So in this new arrangement, the author has to wait for you to read the book before he gets paid. Have you ever gone to a movie where you didn't have to pay before you went in?

4. Furthermore, readers, how do you think Amazon is going to know how much you've read? Does that sound like a little invasion of privacy to you? It does to me. And since they don't pay the author if you don't read the book, will they refund your money if you don't read the book? Not a chance!

Is this good for Amazon? Of course! They're betting on those automatic payments of $9.95 a month ($120.00 a year!) to add up, especially when some of their customers forget to cancel the account when they quit ordering books.

As for what it will do for authors who do not drink the kool-aid, that remains to be seen.  Will my readers continue to pay $4.99 for "Damned Yankee" when they can spend $9.95 and get ten books? I hope so, but the prospect is worrisome. I hope you'll think carefully before you jump on this particular bandwagon.