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.

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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?"

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