Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Amazon Offers Kindle Authors Whopping 70% Royalty

Pressures publishers to accept lower prices

By Harry Kimball,  Newser Staff

Posted Jan 20, 2010 9:25 AM CST

(Newser) – In a bid to boost its ebook business, Amazon is now offering authors and publishers 70% of every sale of a title for the Kindle. The move more than quadruples the standard royalty of 15% or less, to put more in writers' pockets even as...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
8 comments
 

NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   World History Project   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne