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Originally Posted by Nate the great
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For each Kindle book sold, authors and publishers who choose the new 70 percent royalty option will receive 70 percent of list price, net of delivery costs. Delivery costs will be based on file size and pricing will be $0.15/MB.
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Excellent news. Much, much better than existing terms. For my book, RRP $6, 3.1MB, I think that means that instead of the $2.10 I get at the moment, I'll get $3.78. That's 63% instead of 30%.
I note that to be eligible for 70%, the title must enable text-to-speech. I wish they'd also insist on DRM-free.