Publishers to Get More Revenue Share From Amazon’s Kindle

Amazon.com said Monday that it would give magazine and newspaper publishers more of the revenue that it collects from the periodicals sold via the Kindle Store.

Amazon will increase the royalties to 70 percent beginning Dec. 1. Publishers previously received about 30 percent, though royalties varied by publisher.

By making the royalty rate more attractive to publishers, Amazon is trying to encourage them to sell digital versions of their periodicals in the Kindle Store, perhaps at prices that are more attractive to readers.

From The New York Times