Amazon Introduces 70% Revenue Share For Kindle Magazine And Newspaper Publishers

Amazon is announcing new revenue share terms for Kindle magazine and newspaper publishers. According to a release, for each magazine or newspaper sold, publishers will be able to earn 70 percent of retail sales on the Kindle (net of delivery costs, notes Amazon). This is a significant change from previous terms, in which Amazon apparently took as much as 70% of subscription revenue from magazine and newspaper publishers. Newspaper and magazine publishers must meet a number of qualifications to be eligible for the 70-30 revenue share, including the ability to read the publications on all Kindle devices and applications (The Kindle, Android, iPhone, iPad etc.) Consumers must also be able to read the content in all geographies for which the publisher has rights. Amazon says that these new 70-percent royalty terms will become available on December 1, 2010.