Quote:
Originally Posted by wallcraft
I don't think Amazon is selling most of its Kindle books for "well below what it pays publishers". My impression is that publishers get 35% of the list price (e.g. the price shown at mobipocket.com)...
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Actually, I believe Amazon pays most publishers 50% of the list price for Kindle books. The 35% of list price is for self-published books sold through Amazon's Digital Text Program.
I believe that Amazon is losing money on many of these eBook sales--and sensibly so. They're investing in jump-starting their own eBook product, recognizing that they have made it easy for Kindle customers to continue buying from them. In the long term, losing money on every unit but making it up in volume is not sustainable, which is probably what the publisher quoted is concerned about.
Rob Preece
Publisher,
www.BooksForABuck.com