Amazon Announces 70% Revenue Share For Kindle Publishers

If you write great content, you should definitely get a bigger pie of the revenue. This can be for books, videos and all other content created by users. Looks like Amazon is now understanding this and doling out a bigger pie; 70% of the revenue share; to Kindle magazine and newspaper publishers.

If you sell a title or subscription on Amazon Kindle, you will now be entitled to a 70% revenue share. The new 70% royalty will start from December 1, 2010. However, there are some restrictions on who can earn a 70% revenue, which include magazines and newspapers which are sold to:

• Customers who can read the title on all Kindle devices and applications.
• Customers who can read the title in all geographies for which the publisher has rights.

If you are a blog owner and publish your blog on Kindle, you will not be able to take advantage of the new revenue sharing model.

More info at the Amazon blog.