The Kindle Unlimited KENP rate for October 2018 stayed steady at $0.0048, the same level as in September, while the KDP Select Global fund rose to $23.5 million from $23.4 million in September.
In the UK market, the KENP rate for October 2018 fell back slightly to £0.0036 from £0.0037 in September 2018.
The KDP Select fund for October 2018 rose to $23.5 million with a boost of $100,000 which has become very much the monthly norm. That total represented a 19% increase on the $19.7 million paid out in August 2017.
The KENP rate has been following a steady trend this year, with $0.0044 in January, $0.0046 in February, $0.0045 for March, April and May, $0.0046 in June, $0.0045 in July and $0.0045 again for August before the September rise to $0.0048 and now $0.0048 again for October.
Kindle Unlimited has now paid out a total of over $792 million to authors since it launched in July 2014. At the present rate, the grand total is likely to hit $1 billion some time in summer 2019.
For October 2018, using the calculation of dividing the total KDP Select fund ($23.5 million) by the US KENP rate ($0.0048) to get an idea of the total number of KENPs read during the month results in 4.89 billion KENPs, marginally up from 4.87 billion KENPs in September.
Previous monthly figures include 5.17 billion in August, 5 billion in July, 4.9 billion in June, 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 2017.
The total paid out by the KDP Select Global fund for the first 10 months of this year now totals $220.5 million. The first 10 months of 2017 saw a total of $183.6 million paid out, so the year-on-year total increase for the first 10 months of 2018 so far stands at 20%.
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
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
August: $23.3 million
September: $23.4 million
October $23.5 million
Total so far for 2018: $220.5 million
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 (so far): $197 million
Grand total of $792.435 million
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