Amazon.co.uk is now offering a 70% royalty rate for its Kindle Digital Text Platform, allowing authors to sell their e-books directly to customers.
The royalty rate is based on the list price of the book, which must be between £1.49 and £6.99 and 20% lower than the physical book's price. Delivery costs are based on file size and pricing is set at 10p per MB. Amazon said a median file size of 368KB would lead to delivery costs of 4p.
Greg Greeley, Amazon vice president for European retail, said: "The 70 percent royalty option for Kindle Digital Text Platform has been available for a few months for sales to US customers. We are excited to be able to announce the launch of the 70 percent royalty option in the UK. Now authors and publishers worldwide can offer more content to Kindle customers in the UK and make more money from the books they sell."
In the US Barnes & Noble has launched its PubIt! program, allowing individual authors, self-publishers and small publishers to upload their ebooks for direct sale through Nook/BN.
BN is offering a royalty/revenue share of 65 percent of list price for titles between $ 9.99 and $ 2.99 (slightly lower than Amazon on the surface, though there are no 'delivery' charges, no surcharges based on file size, and no provision that BN can lower the price and pay royalty on that basis). They pay 40 percent of list price on ebooks selling for more than $ 9.99, as well as $ .99 to $ 2.98 (slightly higher than Amazon's 35%). PubIt ebooks are automatically included in BN's lending and 'read in store' programs.
The company says that "content will be available for sale within 24 to 72 hours after upload." Barnes & Noble also promises special support for the PubIt titles, including a dedicated bestseller list, "special promotions" in their ebookstore, and additional focus on "select content" in their in e-mails and newsletters