The Kindle Unlimited KENP rate for December 2018 slipped back to $0.0048 after hitting a two-year high of $0.0052 in November as the KDP Select Global fund again rose by $100,000 to $23.7 million from $23.6 million.
It means that Kindle Unlimited paid out a grand total of $267.8 million over the course of 2018, a 20% increase on 2017’s total of $222.6 million.
In the UK market, the KENP rate for December 2018 also fell back to £0.0035 from £0.0038 in November.
The KDP Select fund for December 2018 increased to $23.7 million which was a 19% rise on the $19.9 million paid out in December 2017.
The 7% fall in the KENP rate from November to December sees the rate reverting to the steady trend of September and October, which both saw levels of $0.0048.
Kindle Unlimited has now paid out a total of over $840.005 million to authors since it launched in July 2014. At the present growth rate, the grand total is likely to hit $1 billion just in time for KU’s fifth birthday in July 2019.
For December 2018, using the calculation of dividing the total KDP Select fund ($23.7 million) by the US KENP rate ($0.0048) to get an idea of the total number of KENPs read during the month results in 4.93 billion KENPs, a rise of nearly 9% from November’s 4.53 billion KENPs — which probably explains the fall in the KENP rate — and nearly 1% up from October’s 4.89 billion.
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
August: $0.0045
September: $0.0048
October: $0.0048
November: $0.0052
December: $0.0048
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
Annual increase from 2016-2017: 19.67%
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
August: $23.3 million
September: $23.4 million
October: $23.5 million
November: $23.6 million
December: $23.7 million
Total for 2018: $267.8 million
Annual increase from 2017-2018: 20.35%
The annual total figures for Kindle Unlimited since it started are:
2014: $31.735 million (Jul-Dec)
2015: $131.6 million
2016: $186 million
2017: $222.6 million
2018: $267.8 million
Grand total of $840.005 million
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