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Original Post:

As an aspiring author and Kindle devotee, I was pleased to see that Amazon has modified the terms of its Kindle distribution system:

The new plan allows authors and publishers who meet certain criteria to receive 70% of the book's list price as royalty, net of delivery costs, which average about six cents a book. For an $8.99 book that meets the new plan's criteria, the author would receive $6.25 with the new option as opposed to $3.15 with the standard option, the company said.

One of the big draws of the presumptive Apple tablet computer was the idea that they'd offer e-books over iTunes for it, with revenue-sharing arrangement similar to the one they do for music: 70% for the artist/label, 30% for Apple. One of the dirty secrets of Amazon is that Kindle sales, while great for consumers, were pillaging the publishing industry like Vikings on a rampage. Now it looks like authors and their publishers are going to get a square(r) deal, and from where I sit, market forces in the form of (presumptive) competition from Apple are the proximal cause. Ain't the free market grand?