Amazon's Kindle courts newspaper publishers
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On Monday, Amazon.com — a new king of black and white with its market-leading Kindle e-reader — presented them with a chance to earn more profits in the digital world.
Starting December 1, Amazon will give newspapers a 70 percent cut of revenue from digital versions of their editions sold in the site’s Kindle Store. That’s in line with what Apple and Google give developers selling apps in their digital markets.
Amazon announced the changes to reporters Monday. Amazon was previously giving newspaper and magazine companies about 30 percent, according to a New York Times report last year.