Amazon has announced a new scheme for those publishing low-cost books in the Kindle store.
It will mean that texts with a list price under $10 (and above $2.99), which are at least 20% cheaper than the lowest price listed for the physical book, will be eligible to receive 70% royalties.
That’s double what the publisher normally gets on Kindle – 35% – and a pretty impressive hike.
The new option won’t be available until June, however, and even then it will be restricted to the States.
As Amazon has just rolled out its Kindle self-publishing platform globally, it’s not unreasonable to expect that we will get this option eventually, as well.