MobileRead Forums - View Single Post - Amazon announces a 70 percent royalty option

pdurrant · 01-20-2010, 12:27 PM

Currently the 70% rate is optional - publishers can continue with their current arrangements if they wish.

You shouldn't think that big publishers are getting only 35% of RRP - they're getting at least 50% of RRP, as that's what Amazon are paying Smashwords.

The important bit in this announcement from the public's point of view is that any publisher wanting the 70% RRP option must set the RRP 20% or more below the cheapest paper edition, and must enable text to speech.

This can only be good for small publishers and ebook buyers.

01-20-2010, 12:27 PM	#25
pdurrant The Grand Mouse 高貴的老鼠 Posts: 74,082 Karma: 315558332 Join Date: Jul 2007 Location: Norfolk, England Device: Kindle Oasis	Currently the 70% rate is optional - publishers can continue with their current arrangements if they wish. You shouldn't think that big publishers are getting only 35% of RRP - they're getting at least 50% of RRP, as that's what Amazon are paying Smashwords. The important bit in this announcement from the public's point of view is that any publisher wanting the 70% RRP option must set the RRP 20% or more below the cheapest paper edition, and must enable text to speech. This can only be good for small publishers and ebook buyers.