Amazon has changed the terms of their author payout system for Kindle Direct Publishing. Indie authors that self-publish eBooks and receive their royalty payments electronically will now be paid in full every month for all their sales without any minimum thresholds for payout. This gives authors greater access to their earnings and a more reliable payment schedule, 60 days after the month royalties are earned.
This is exciting news for authors who want access to their funds as quick as possible. Many legacy publishers only give authors money once or twice per year. Learn more here about royalty payment thresholds and available currencies.
Michael Kozlowski has been writing about audiobooks and e-readers for the past twelve years. His articles have been picked up by major and local news sources and websites such as the CBC, CNET, Engadget, Huffington Post and the New York Times. He Lives in Vancouver, British Columbia, Canada.