Amazon has introduced a new revenue sharing model for magazine and newspaper publishers who sell content in the Kindle Store.
For each magazine or newspaper sold, publishers will be able to earn 70 percent of the retail price. The new 70 percent royalty terms will become available on December 1.
"We are constantly working at improving the Kindle magazine and newspaper experience for both customers and publishers," said Peter Larsen, Director of Kindle Periodicals.
"Building on the recent introduction of Wi-Fi-enabled Kindles and the upcoming availability of newspapers and magazines on Kindle Apps, we're pleased to add an increased revenue share and a great new tool for making Kindle better and easier than ever for publishers."
To be eligible for the 70 percent royalty terms, Amazon says newspapers and magazines must meet customer requirements,including:
*Customers can read the title on all Kindle devices and apps.
*Customers can read the title in all geographies where the publisher has rights.
Amazon also announced the Beta release of the Kindle Publishing for Periodicals tool, which allows publishers to add their newspaper or magazine to the Kindle Store. Publishers can create their account, add content and preview Kindle formatting prior to making their titles available.