If you leave a comment and set a password, and I approve your comment, you will be able to post new comments in the future without moderation if you use the same username and password combination. If you do not enter a password, a random password will be assigned, and your next comment will have to wait for approval as well.

Comments are not accepted for entries more than 2 months old.

Back to Post
(8000 character limit. Get your own blog if you've got that much to say. Seriously.)
(50 characters or less)
(50 characters or less)

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?