Amazon Annouces new 70% Royalty Option for Kindle Publishing
This move is designed to spur the small publishing houses into giving Amazon more content, but hopefully it will also help bring the bigger content houses back to the table. Lots of them recently started imposing delays on their ebook versions of new releases due to fears of shrinking hardcover revenues.
One of the things that always bothered me about digital books is how their cost isn’t significantly lower than their paper counterparts. That one of the requirements of this program is that ebooks must be price at least 20% lower than paper books makes me pretty happy.
