Amazon now offers 70% revenue share to newspapers and magazine publishers

Amazon announced today that they are now offering 70% revenue share to Magazine and Newsletter publishers on Kindle devices. To qualify for the 70-percent royalty terms, newspapers and magazines must satisfy several customer experience requirements, including:

• Customers can read the title on all Kindle devices and applications.
• Customers can read the title in all geographies for which the publisher has rights.

via Amazon