Kindle Unlimited KENP rate for July 2018 shows small fall to $0.0045 as steady trend continues for KU’s 4th birthday

The Kindle Unlimited KENP rate for July 2018 fell slightly to $0.0045 from $0.0046 in June while the KDP Select Global fund rose by $500,000 to $23.1 million from $22.6 million in June.

The KENP rate is following a steady trend so far this year, with $0.0044 in January, $0.0046 in February, $0.0045 for March, April and May, $0.0046 in June and now back to $0.0045.

In the UK market the KENP rate for July 2018 also fell slightly to £0.0034 after three months at £0.0035.

The size of the KDP Select fund for July 2018 at $23.1 million was 21% up on the $19 million paid out in July 2017.

The KENP figures for July 2018 represent a significant milestone for Kindle Unlimited as it is now four years since the ebook subscription scheme started in July 2014 and three years since it moved from a flat rate per loan basis to the KENP system in July 2015. Kindle Unlimited has now paid out a total of just over $723 million to authors since it launched in July 2014.

For July 2018, using the calculation of dividing the total KDP Select fund ($23.1 million) by the US KENP rate ($0.0045) to get an idea of the total number of KENPs read during the month results in 5.13 billion, up by over 4% from 4.9 billion in June.

Previous monthly figures include 5 billion for May, 4.7 billion in April, 4.66 billion in March, 4.54 billion in February, 4.75 billion KENPs in January, 4.42 billion in December 2017 and 4.3 billion in November.

The total paid out by the KDP Select Global fund for the first seven months of this year now totals $150.3 million. 


The US KENP payout figures for 2016, 2017 and 2018 are:


2016

  • January: $0.0041
  • February: $0.0047 (KENP v2.0 introduced)
  • March: $0.0047
  • April: $0.0048
  • May: $0.0046
  • June: $0.0049
  • July: $0.0048
  • August: $0.0045
  • September: $0.0049
  • October: $0.0052
  • November: $0.0053
  • December: $0.0052

2017

  • January: $0.0047
  • February: $0.0049
  • March: $0.0046
  • April: $0.0045
  • May: $0.0043
  • June: $0.0042
  • July: $0.0040
  • August: $0.0041 (KENP v3.0 introduced)
  • September: $0.0044
  • October: $0.0045
  • November: $0.0046
  • December: $0.0050

2018

  • January: $0.0044
  • February: $0.0046
  • March: $0.0045
  • April: $0.0045
  • May: $0.0045
  • June: $0.0046
  • July: $0.0045

The monthly KDP Select Global fund totals for 2016, 2017 and 2018 are:


2016

  • January: $15 million
  • February: $14 million (KENP v2.0 introduced)
  • March: $14.9 million
  • April: $14.9 million
  • May: $15.3 million
  • June: $15.4 million
  • July: $15.5 million
  • August: $15.8 million
  • September: $15.9 million
  • October: $16.2 million
  • November: $16.3 million
  • December: $16.8 million

Overall total for 2016: $186 million


2017

  • January: $17.8 million
  • February: $16.8 million
  • March: $17.7 million
  • April: $17.8 million
  • May $17.9 million
  • June $18 million
  • July: $19 million
  • August: $19.4 million (KENP v3.0 introduced)
  • September $19.5 million
  • October $19.7 million
  • November: $19.8 million
  • December: $19.9 million

Overall total for 2017: $222.6 million


2018

  • January: $20.9 million
  • February: $20 million
  • March: $21 million
  • April: $21.2 million
  • May: $22.5 million
  • June: $22.6 million
  • July: £23.1 million

Total so far for 2018: $150.3 million


The annual total figures for KU since it started are:

2014: $31.735 million (Jul-Dec)

2015: $131.6 million

2016: $186 million

2017: $222.6 million

2018 (so far): $150.3 million

Grand total of $723.235 million


Kindle Storyteller 2018 contest is opening for entries with £20,000 prize but titles must be published in ebook and print formats


 

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