Dear FeedARead Readers and Authors
Firstly, hello to reader members and thank you for perusing and reading our authors books!
For site authors, your latest royalty statements are now displayed on your book pages by logging in to FeedARead, then click the My Royalties button on the left hand menu. The latest due royalty payments will be made within the next 48 hours. Please be sure to add your paypal address if not yet added so payment can be made if a payment is due to you. The site details how to do this when you view your My Royalties page.
We have added a new advanced system, whereby the royalty reports are read directly from printer reports automatically to ensure speed and reliability, which first time round involved some extra days in the normal length of the reporting period as we also did a lot of manual checking of this new system which works very well. Paypal has also decided this year not to enable automated mass payments, which was a popular function for businesses, with the exception of enabling very large companies like Argos so all the due payments made are being made manually which has also added a little to the timeline.
Thank you to all authors who have published with FeedARead.com, and twenty-five percent of site profits go back into the site so we look forward to adding further functions over the coming months to help further increase author sales. For the next few months we are concentrating on further admin functions for book processing, and then we will progress to adding further features for readers and authors. We will also be announcing soon the ten highest selling books that will receive feedback from Random House and Orion, publishers of authors such as Dan Brown and John Grisham, and the aim of the site over time is that we will see talented new authors develop further and also make the leap through this route to mainstream publishing.