From the link:
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So rather than getting a 30% of an ebook (with the other 70% being split between the publisher and author), they’ll be getting a 70% cut (with the other 30% going right to the author). Funny thing is that it’s actually better for authors.
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WTF? The agency 6 are already getting 70% for their ebooks under their new rules. The only difference is that they are not paying the authors 30%. Of course the authors will move to Amazon. A slow moving freight train indeed!