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Old 05-11-2009, 05:54 PM   #1
Sonist
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Amazon to Papers: Give us 70% of your revenue!

Didn't see this posted here, but the Kindle DX doesn't sound like such a great deal for the newspaper industry:

James Moroney, President and CEO of the Dallas Morning News, at the Senate hearing last week:

"... the best deal Amazon will give the Dallas Morning News-and we've negotiated this up to the last two weeks-they want 70 percent of the subscriptions revenue. I get 30 percent, they get 70 percent. On top of that they have said we get the right to republish your intellectual property to any portable device. Now is that a business model that is going to work for newspapers?"

http://gizmodo.com/5244171/amazon-wa...e-distribution
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