As you know, July 1st began the KENPC (Kindle Edition Normalized Page Count), a formula by which KDP (Kindle Direct Publishing) Select Books will be paid for the number of pages read, rather than just the sale of the book. The payments vary, obviously, if the customer reads only a few chapters versus the entire book.
The July 2015 numbers are in—Amazon KDP is paying $0.005779 per page read. The new payout seems to favor longer books if you compare the new payout to the old. However, if you remember when you wondered how long your book should be, it turns out that the new system doesn’t really favor longer books. You will receive the same payment whether you write a 300 page single book or 6 books. The key to getting the most money for your work is whether the readers are interested in your book. If they are, they will read more pages, thus the author receives more money.
What’s the takeaway? Expect to receive $0.0058 per page read. We are entering a new era of royalties.