From the 1st of December, magazine and newspaper publishers will be able to get a larger cut from sales in the Kindle Store, Amazon announced this morning.
This means the share increases from 30% to 70% for each title sold in the store, meaning publishers will be more tempted to sell their goods with Amazon.
There is only one rule for this increase in revenue share – publishers have to make their content available to all Kindle devices and applications. The new terms don't effect Blog publishers “because existing terms are generally more advantageous to them.” Amazon said in a statement yesterday.
Amazon are facing stiff competition from the Galaxy Tab and the Apple iPad, but these new terms might just sway many publishers over to the Kindle platform.
KitGuru says: Make sure to check out the KitGuru review of the Kindle 3 – over here.