Amazon is overhauling the way it pays royalties to self-published authors on its e-book platform, by rewarding them based on the number of pages of their book that have been read.
The e-commerce giant's move applies to books published via the Kindle Direct Publishing service –which allows authors to set prices and make changes to their work at any time – and follows the pay-per-track model of music streaming services like Spotify.
Previously, self-published authors would be paid by the number of times their book was borrowed from Amazon's e-book store. Amazon's latest change to its policies applies to e-books read by people signed up to the Kindle Owners' Lending Library or Kindle Unlimited service and will come into force from July 1.
"We're making this switch in response to great feedback we received from authors who asked us to better align payout with the length of books and how much customers read," Amazon said in a statement on its website.