Kindle magazine and newspaper publishers to receive 70% royalty terms from Amazon.
TELECOMWORLDWIRE-November 9, 2010-Kindle magazine and newspaper publishers to receive 70% royalty terms from Amazon(C)1994-2010 M2 COMMUNICATIONS http://www.m2.com
Online retailer Amazon.com Inc (NASDAQ:AMZN) announced today that from next month magazine and newspaper publishers will be able to earn a larger share of revenue from each title they sell in the Kindle Store, http://www.amazon.com/kindlestore.
From 1 December 2010, magazine and newspaper publishers will be eligible to earn 70% of the retail price, net of delivery costs, from each title they sell in the Kindle Store.
Newspapers and magazines must satisfy several customer experience requirements to qualify for the 70% royalty terms, which include customers being able read the title on all Kindle devices and applications, as well as being able read the title in all geographies for which the publisher has rights. Amazon said that these new terms do not apply to blog publishers, as existing terms are generally more advantageous.
In addition, Amazon announced the Beta release of its Kindle Publishing for Periodicals tool, which enables publishers of magazines and newspapers to create an account, add content and preview Kindle formatting before releasing their titles to the Kindle Store.
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|Date:||Nov 9, 2010|
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