Quote:
Originally Posted by Daithi
Why would Amazon do this? Think about it for a second. Amazon is currently paying authors/publishers 35% and keeping 65%, but now they're announcing they will keep 30% and give the authors/publishers 70%. Why would Amazon slash their own profit margins? Furthermore, will this move make the publishers happy?
....
Amazon just declared war!... against Apple
|
FYP
Amazon is only preempting Apple's announcement next week when they will announcement the same 30/70 split that they use succesfully on the Appstore and iTunes. This is the ONLY reason they are doing this. Competition and hallelujah for that.
Publishers are going to feel the pinch, when all is said and done they are the middlemen who connect the authors with the reading public. Create a profitable low cost distribution system and the age of the publisher could be soon extinct.