The e-Book Revolution Begins Now
Amazon.com announced yesterday that it will pay authors and publishers who use Amazon’s Kindle Digital Text Platform up to 70% of the revenue from each Kindle book Amazon sells, net of delivery costs. For authors and publishers accustomed to royalties in the range of 7 to 15 percent for physical books, this is an enormous change, and one that will undoubtedly encourage more authors to “go direct” to Amazon.
The new royalty plan comes with some strings, many of which seem designed to force publishers to lower their e-Book prices (thereby generating greater sales for Amazon). The plan includes the following elements: Read more »
Tags: Amazon, Apple, e-Book rights, e-Books, Kindle
Amazon, Apple | editor | 
January 21, 2010 3:46 pm | 
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