By The Numbers

Announce your Amazon Kindle e-book credits online

Margarita Noriega Mar 25, 2014

A few lucky Amazon Kindle users are getting extra-buying credits starting on Tuesday, thanks to a $166 million settlement (of this Apple e-book price fixing case) which returns a portion of money spent to customers who purchased e-books by one or more of five publishers.

“Illegal actions by these publishers forced consumers in New York and across the nation to pay artificially inflated prices for e-books,” New York state attorney general Eric Schneiderman said in a statement.

The settlements come individually as credits to Kindle users via their Amazon accounts, in the following amounts (heads up, Minnesota – you’ve got your own payout table, because your state reached a separate settlement):

According to this Amazon table, if you’re a Minnesotan who purchased one New York Times bestseller and one “other” e-book on your Amazon Kindle, your credit would total $4.87. That is, if you didn’t opt-out of the settlement prior to October 21, 2013. 

For a sum as large as $166 million, you might think hundreds of people would have already taken to the web to celebrate their hard-won (well, not exactly) rewards. A survey of tweets relating to “Amazon” “Kindle” “ebook” (with and without a hyphen) and “settlement” keywords show the total (including two Marketplace employees who reported credits) rings up to (drum roll please)…

…about $911.62.

RebelMouse helped Marketplace to create a custom collection of winnings as they are tweeted: up the math yourself as the tweets continue and tell us what you come up with. 

At this rate, how long will it take to sum up to $166 million dollars? Not everyone will tweet about their new earnings, and in fact, most people won’t based on what we know of active Twitter users.

Still, $166 million passed out in increments of $0.73 is a lot of change at the bottom of a lot of e-purses.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.