I worry about the "borrow" payout going down to something closer to $1.00. That would be bad.
That. That would be very bad. They've been hounding me to put something in Select for a while now. :/ The word from the herd is the lending pool money is going up, not down. The problem for me is that I'm getting more than $2 on most of my titles, net, without the added 10% rules. That's silly. You only get it if the reader doesn't get interrupted when they 1st open the book? I always get interrupted, especially at the start of a book.
PS, I hate Scribd. They've been one of the biggest PITAs with piracy, meaning I've sent them a bajillion take down notices and my books keep popping up over there anyway. They're still wearing eye patches imho.
PPS, Amazon- tell authors what you're doing. We're not stupid and some of us may actually support the changes if we knew what they were. My minion, dude, we just talked about this.
I know u r gagged and it's not your fault, but OMG. For the love of Pete! Give us a little notice. As a reader, this is AWESOME. As a writer, it's scary and I hope Hugh is correct that the subscription payments will offset the increase in lends.
PPSS, 10% in 1 sitting is STUPID. What's considered 1 sitting? I'm assuming you have til the screen goes to sleep. Babies, life, phone calls - dudes, dumb rule. A guy made this rule, I bet.
Okay, I'm done. Maybe. I might come back later if another rant strikes me.