It’s more likely that an erosion over time has caught up. But what this does suggest is that the need for a price hike isn’t that royalties have fallen off a cliff and need emergency fund. We don’t have greatly more nuanced figures than that. The overall payout from Kindle Unlimited has grown from $2.5m in its first month to around $45m a month at present. In that time, the payout per page read has dropped 23% from. There’s a really interesting piece of research from earlier this year that traces Kindle Unlimited payments from the 2014 launch to now. That price went from £9.99 to £10.99 in the UK and $9.99 to $10.99 in the US. The rise in the cost of Kindle Unlimited follows the rise in price for Music Unlimited, which came into effect yesterday. In part, this increase in titles is down to the addition of magazines and comics. This has risen from 650,000 in 2014 to 3 million right now. Amazon has justified the price rise by referring to the increase in titles available through Kindle Unlimited. It will, though, be possible until the end of May to lock the current price in for people who take on an annual subscription. The price will rise from £7.99 to £9.49 per month. Kindle Unlimited will cost more for subscribers in the UK from March 23rd. Kindle Unlimited Raises UK Subscription Price by Nearly 20% We also talk about our own experiences of using these tools. We talk everything from Apple and Google's AI narration, through Midjourney and AI art, to what ChatGPT and similar tools mean for us as writers. In this month's podcast, Howard and I dedicate the whole show to the latest developments in AI.
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