Online books retailer Amazon.com, Inc., US, has announced that magazine and newspaper publishers will soon be eligible to earn a larger share of revenue from each title they sell in the Kindle Store. Starting December 1, 2010, for each magazine or newspaper sold, publishers will be able to earn 70 percent of the retail price, net of delivery costs.
For orders delivered to Kindles using Amazon's Whispernet service, delivery costs are shared between Amazon and the publishers. To qualify for the 70-percent royalty terms, newspapers and magazines must satisfy several customer experience requirements, including: customers should be able to read the title on all Kindle devices and applications; and customers should be able to read the title in all geographies for which the publisher has rights.
These new terms do not apply to blog publishers because existing terms are generally said to be more advantageous for them.
Amazon also announced the Beta release of the Kindle Publishing for Periodicals tool, which allows publishers to more easily add their newspaper or magazine to the Kindle Store. Publishers can quickly create their account, add content and preview Kindle formatting prior to making their titles available for the fast-growing base of Kindle customers.
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