Authors worldwide can now self-publish Kindle versions of their books, Amazon.com said Friday. ... its Digital Text Platform will now support books written in German and French.
Authors can set their own prices and in return grab 35 percent of sales.
35% doesn't sound like much, but, in comparison, royalty rates in a typical entry-level contract with a "paper" publisher are in the 10-15% range. I wonder, how copyright works with digital content - can Google scan and index Kindle versions of the text and make it available through the search engine? If not, Amazon can gain a strong advantage in access to books as more authors migrate to the new publishing platform.
tags: book, information, commerce, distribution, payload, network