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Amazon, a Friendly Giant as Long as It’s Fed – NYTimes.com
“Amazon believes that publishers take too much of the money in producing a book and add too little value. In traditional publishing, the highest royalty a writer could get was 15 percent of the book’s price. With e-books, the royalty is 25 percent of net revenue, but Amazon feels that is still not enough. Mr. Zandri gets 35 percent, and self-published writers who use Amazon’s platform get more.”
Posted from Diigo.
