On January 25, 2010
Amazon Kindle Gets Grabby with Book Rights
Amazon will now be offering Kindle self-publishers double its usual e-book royalties at 70 percent of the net price, but the rights-heavy deal turns Amazon into the publisher — without the responsibilities of a publisher. Based on Amazon’s press release, the new option gives Amazon virtually all the major digital rights to the property, or, as Amazon puts it, “The title will be included in a broad set of features in the Kindle Store, such as text-to-speech. This list of features will grow over time as Amazon continues to add more functionality to Kindle and the Kindle Store.” In short, the Amazon contract gives the company the right to do as it sees fit with the work in perpetuity….
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