I really despise reading the comments to this story pretty much no matter where it is printed. Why? It is proof positive no one reads the fucking article and just starts spewing based upon the title. Let me help you out.
THIS ONLY APPLIES TO KINDLE UNLIMITED. Kindle Unlimited is the service where you pay a flat monthly free and you can read as much as you want from a big pool of books. Authors choose to be put into that pool. If you are not a subscriber to Kindle Unlimited, this doesn't effect you even a little.
This will not change how much Amazon takes or does not take from authors. No, seriously. If you think it does, you don't understand how Kindle Unlimited works. The way Kindle Unlimited works is that they take all of the subscription money and throw it into a pool. Amazon takes their cut from the pool. What is left is a big pool of money they dole out to all of the authors who are participating in Kindle Unlimited. That pool left over for the authors is going to remain perfectly unchanged. The amount of money paid out to authors is going to remain the same; they are just changing how the pool pays out.
This new system is replacing an old system. Yes, the new system is not perfect and you can point to people who might get screwed by it. It is vastly better than the old system. What was the old system?
The old system worked like this: If you read 10% into a book, the author gets "someone read your book" tally. At the end of the month, they tally up how many books were "read" by the 10% rule and pay out proportionally. So, if a 100 books were read among all Kindle Unlimited authors, and I as an author scored 10 reads, I would get 10% of that pool.
The new system is similar but different. Instead of tallying up how many 10% reads you got, they just tally up the number of pages read. So, if a 100,000 pages are ready between all Kindle Unlimited authors, and I scored 10,000 pages read, I get 10% of that entire pool. Again, the pool size hasn't changed, Amazon's cut hasn't changed, it just changes how things authors are paid from that pool. Some will win, some will lose.
The 10% system fucking sucks. Here is why.
It punish long form writers. You get paid per 10% read. That means that selling five 20 page books scores 5 times more cash than selling a single 100 page book. As a result, authors started to serialize fucking everything. Authors were punished for trying to write a single novel. That is god damn obnoxious. Authors should package their works into whatever size makes sense for them. There is no reason why short form should get a massive boost over long form. There is no reason to force an author to hack their novel up into 20 pieces so that they can score the most cash.
It is incredibly easy to scam. It turns Kindle Unlimited into a giant buzz feed like cesspool for books. Titles all become click bait. This is what someone does; they come up with a great title, write a bullshit summary of the work, make the work 20 pages long, and then write well enough for you to get 2 pages in before throwing your hands up in disgust. They only need you to get 2 pages in and they get paid. There are Kindle Unlimited books that are literally 2 pages long followed by 18 pages of complete nonsense. Another fun scam is to simply copy and paste wikipedia articles and call them books. As long as you get 2 pages in before going WTF, they get paid.
The new system is vastly better. Why? It doesn't punish based upon length. Chop your book up any way you want, your goal is to get people to read pages. What is the best way to get someone to read pages? Make the page before it not suck. If you pump out short stories, you will feel no pain. If you write novels, this is going to kick ass. If you love to serialize, you can still do that; you are just not going to get a bonus for doing it. Basically, you can choose how to package your writing now, instead of being forced into a serialized form.
This also ends the 10% good, 90% shit scam. If your first 2 pages are good and the next 18 are shit, you are going to get 2 pages worth payment. This is going to murder a huge number of scams out there.
Authors who are freaking out should chill their shit. Yes, if you write short stories, you are now suddenly going to be on an even footing with long form authors. Amazon just cares how long you entertain the customer, rather than how many pieces of work they buy. This might make short story fiction a little less profitable than it was before (when it was over valued), because this is going to MURDER a huge number of scams, it actually means the entire pool gets bigger. It used to be that a part of that pool of money was going to scammers. That is about to end. So, while short story fiction now will get paid fairly in proportion to long form fiction, they are going to be paid from a pool that isn't being robbed by scammers.
This is a win for literally everyone who isn't a scammer. If Amazon isn't taking any more money. This isn't effecting that isn't Kindle Unlimited. If Amazon makes more money, it is only because more people want to use Kindle Unlimited because it will hopefully be less filled with shit.
Finally, before pointing out how the new system doesn't work for this or that; give me your alternative method of payment. Complaining about how the new system, while obviously better than the old one isn't perfect without offering up an alternative is worthless. The number of pages someone reads is about as good of a proxy as you can get for "customer was happy and so read more".