Oh.. I re-read.. 160k minutes (not hours). So thats 2,667 hours x .15 (assuming all was usa) = $400.
Seriously, call in a favor and get that thing properly telecine'd to 1080p or UDH 4k prores. I don't care how good a film is, I'm at the point where I just won't watch stuff that isn't at least 1080. If you don't know someone who works at a transfer house make a bunch of calls and ask what deals they could make you if they did it at night, one light if necessary, etc. If you're very nice and explain your situation you might find a house that would do it in exchange for a Special Thanks card at the end. Add a card just for the transfer house. Even if they have to do each reel individually and you have to piece it back together in FCPX. Even if you have to go back and color correct each shot.
So does this mean you've made 160,000 x .15 = 24 grand? In 2 months?
One thing I don't understand is all the youtubers or wanna be youtubers saying that AVD doesn't pay as well. But to me it looks like it pays better for a lot less views. And the 500k hrs cap payout per year is like worrying about a problem that would only effect the top of the top.
I'm extremely interested in creating new content for AVD. But I think the issues are the same for any distribution model. And that is that you have to make compelling content that people want to watch. If not you won't make a dime and essentially be "cancelled" by default.
I'm glad that AVD has all these requirements and is weeding out unprofessional content.
What I wish that amazon would do is to make an AVD or Indie page or category so that these self published titles would have some avenue for natural discoverability.