Amazon Increases Royalty Rate for Books on Its Kindle E-Reader

In what appeared to be a clear bid to anticipate the release of the breathlessly awaited Apple tablet, Amazon announced Wednesday new royalty terms for authors or publishers who release e-books through its Kindle’s digital text platform, a direct publishing initiative.

Authors and publishers will be offered a royalty rate of 70 per cent of the digital list price after “delivery costs,” typically about 6 cents per digital unit. This rate is similar to that currently offered by Apple in its app store.

Full article at NYT.com

Comments

With Kindle Royalties About To Be Set At 70%, Is It Time To Revisit Bestselling Novelist Anne Rice's Post: "Should Major Authors Think About Making Kindle (If Possible) Their Primary Publisher?"

Blog post here:
http://www.publetariat.com/publish/kindle-royalties-about-be-set-70-it-time-revisit-bestsell...

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