Yep, it’s here. You can now sign up for Amazon’s Kindle Unlimited, their new service that grants access to 600,000 e-books and several thousand audiobooks for $9.99 a month.
Kindle Unlimited will add new challenges to negotiations between Amazon and publishers. Books published by HarperCollins and Simon & Schuster aren’t offered and those from Penguin Random House are notably absent. But what’s in it for indie authors and those published by small presses? And how can YOUR books be there? Like recent articles we’ve done, Getting Your Book on Scribd and How to Get Your Book on Oyster it’s important to know your author options.
So here’s all you need to know: As an indie author, the only way you can get your ebook into this program is by enrolling in KDP Select. If your books are already enrolled in KDP Select, they are automatically included in Kindle Unlimited. KDP Select is a viable program for many authors. It requires exclusivity on Amazon.com (you’ll get kicked out if your ebook is found on say Barnes & Noble or Kobo sites). For some authors that’s a problem. For others, who are earning 90% or more of their sales on Amazon anyway, it’s pretty much a no-brainer.
But from a customer’s perspective, is Kindle Unlimited a great deal? Price-wise, it’s similar to Oyster ($9.95 a month for access to over 500,000 titles) and Scribd ($8.99 a month for access to 400,000+ titles). The audiobooks on Kindle Unlimited are a plus, if you’re into audiobooks.
But it’s also twenty bucks more a month than Amazon Prime, and Prime comes with free shipping, their free lending library (a book a month) and lots more perks… Might Amazon be competing with… Amazon?
So tell us, will your book be available on Kindle Unlimited? Will you subscribe? Let us know with your comment below. We’ll be subscribing (as we must with all these new toys, to see how they work for folks!) — We’ll share more of our thoughts — and yours — in an upcoming post.