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Amazon to Double Royalties on Kindle Books
This is all over the web, but the best analysis I’ve seen is over at arstechnica. Starting in June, Amazon will offer a new royalty program for Kindle e-books: 70% of the retail price goes to the publisher, instead of the 35% in the current standard contract. From the article:
[…]Amazon dropped a bomb on the publishing world Wednesday morning by announcing a new royalty program that will allow authors to earn 70 percent royalties from each e-book sold, but with a catch or two. The move will pay participating authors more per book than they typically earn from