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by anuraggoel
6241 days ago
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Amazon pays Kindle authors/publishers 35% of the list price (which is set by the content owner). The retail price is set by Amazon. Scribd's margins are clearly more lucrative. Smashwords (http://www.smashwords.com) operates a similar model and pays out 85%. I think this is a great move - high traffic alternatives to Amazon can only be good for the self-publishing ecosystem. |
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