[FoRK] Kindle Royalties

Michael Cummins michael at i-magery.com
Thu Jan 21 19:30:42 PST 2010


Good news for authors who want a bigger cut, but what about the big
Publishing houses?

MEC


http://news.cnet.com/8301-17938_105-10437897-1.html

In what may be a pre-emptive strike against the strong possibility that
Apple will reveal a slate-style device on January 27, Amazon has said it
will up the royalty for authors and publishers who use the Kindle Digital
Text Platform (DTP) to 70 percent of the list price of their e-books. That's
a big jump from its current 35 percent royalty rate and not coincidentally,
the same number Apple doles out to developers who sell their apps in Apple's
App Store.






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