\u201cAt Kindle, we\u2019re not only inventing on the hardware and software side of the business, we\u2019re inventing new ways to create books,\u201d said Philip Patrick, Director, Business Development and Publisher of Kindle Worlds. \u201cOur goal with Kindle Worlds is to create a home for authors to build on the Worlds we license, and give readers more stories from the Worlds they enjoy. We look forward to announcing additional World licensing deals in the coming weeks.\u201d<\/p>\n
So, how will the payment system work? Here’s how Amazon describes it: <\/p>\n
\nAmazon Publishing will pay royalties to both the rights holders of the Worlds and the author. The standard author\u2019s royalty rate (for works of at least 10,000 words) will be 35% of net revenue. As with all titles from Amazon Publishing, Kindle Worlds will base net revenue off of sales price\u2014rather than the lower, industry standard of wholesale price\u2014and royalties will be paid monthly.<\/p>\n
In addition, with the launch of Kindle Worlds, Amazon Publishing will pilot an experimental new program for particularly short works\u2014between 5,000 and 10,000 words. For these short stories\u2014typically priced under one dollar\u2014Amazon will pay the royalties for the World\u2019s rights holder and pay authors a digital royalty of 20%.<\/em><\/p>\n<\/blockquote>\n
It’s not a bad deal for something that people generally write while expecting no monetary return. It might even be a great platform for an aspiring author to launch their own career. There’s numerous stories out there of fan fiction authors getting their big break after somebody discovered their work. <\/p>\n
Kindle Worlds will officially launch in June with over 50 commissioned works from famous authors. After that, anybody can submit their fan fictions to the Kindle Worlds publishing portal. To get a head start, head over to the official site<\/a> to learn more. <\/p>\n
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Fan Fiction is awesome, right? It’s a way for fans to better engage with their favorite brands, and some franchises actually gain new fans thanks to fan fiction. Amazon wants to capitalize on it while paying authors for their trouble. Amazon announced Kindle Worlds today – a new publishing platform that licenses popular series and […]<\/p>\n","protected":false},"author":7358,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-659573","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/659573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7358"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=659573"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/659573\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=659573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=659573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=659573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}