Amazon has created a 70 percent royalty option for authors and publishers self-publishing on Kindle via their digital text platform as of June 30–as long you meet these conditions:
* It should be not too cheap and not too expensive–priced between $9.99 and $2.99–and the digital list price has to be “at least 20 percent below the lowest physical list price for the print book”
* It has to be available for sale in all territories in which the author or publisher has rights
* It has to be available for text-to-speech, and whatever other new features Kindle adds
* “Books must be offered at or below price parity with competition, including physical book prices. Amazon will provide tools to automate that process, and the 70 percent royalty will be calculated off the sales price.”
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