Thread: Amazon announces a 70 percent royalty option
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Old 01-20-2010, 09:04 AM   #12
Pardoz
Which side are you on?
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Quote:
Originally Posted by yagiz View Post
Are you sure about this?
Straight from the press release at http://phx.corporate-ir.net/phoenix....977&highlight=:

Quote:
Originally Posted by AmazonPR
The title is made available for sale in all geographies for which the author or publisher has rights
Since the author has global rights by default unless they sell them, it's a nice tactic to encourage authors to keep global electronic rights, squeezing publishers out of the picture (and leaving a bigger piece of pie for Amazon), while also pleasing readers.
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