Quote:
Originally Posted by darius
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.
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This simply isn't true. Amazon's current system is paying publishers more than they would get under the new 70/30 system.
Keep in mind that 35% of a book with a list price of $28 (a typical list price for a hardcover) is higher than 70% of $9.99.
I think this has more to do with fighting back against publishers that have decided to delay the release of ebooks.