People often smirk when I say I am an author.
Books are dead, are they not?
Amazon had just launched a new way to reward authors for books under their Kindle Unlimited (KU) and Kindle Owners' Lending Library (KOLL) plans. It used to be based on qualified borrows, and now is based on number of pages read.
Just in June (last month), Amazon reports for that 1.9 billion Kindle Edition Normalized Pages (KENPs) read. That does not include eBooks published by major houses, just the ones that use the Kindle Publishing platform. For them, it does not include all the eBooks units bought not borrowed. It does not include hardback or paperback pages read which are for most business books still sold in much larger quantities than eBooks.
What is a KENP? Some science there from Amazon: “We calculate KENPC based on standard settings (e.g. font, line height, line spacing, etc.), and we use KENPC to measure the number of pages customers read in your book, starting with the Start Reading Location (SRL) to the end of your book. Amazon typically sets SRL at chapter 1 so readers can start reading the core content of your book as soon as they open it.”
By my unscientific estimate, if there was a total KENP count in all Kindle, Nook, other eBook versions and print versions bought from bookstores or borrowed from public, university and other libraries it would exceed 100 billion pages a month. Now compare that to the monthly page views of even the big sites like Google, Youtube, Baidu etc.
Still think books are dead?