Amazon is giving newspaper and magazine publishers a new reason to publish in the Kindle Store.
As of December 1st, Amazon is offering a new 70-percent royalty rate to newspapers and magazines. For each magazine or newspaper sold, publishers will be able to earn 70 percent of the retail price, net of delivery costs. This news comes on the heels of Sony and Barnes & Noble offering new eReaders that are being marketed as both book and newspaper reading devices.
To qualify for the 70-percent royalty terms, newspapers and magazines must satisfy several customer experience requirements. First, customers must be able to read the title on all Kindle devices and applications and customers must be able to read the title in all geographies where the publisher has rights. These new terms do not apply to blog publishers.
Amazon is also beefing up its newspaper publishing tools with the beta release of the Kindle Publishing for Periodicals tool, which is designed to make it easier for publishers to add their newspaper or magazine to the Kindle Store.