# Rekindling publishers’ interest (HT Tech) > Online retailer Amazon has said it will now give authors and publishers an option of a 70 per cent royalty rate on each Kindle book sold, net of delivery costs. # Rekindling publishers’ interest ## Online retailer Amazon has said it will now give authors and publishers an option of a 70 per cent royalty rate on each Kindle book sold, net of delivery costs. Feb 02 2010, 01:25 IST ![Follow on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/follow-us-facebook.png) ![Follow on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/follow-us-facebook-hover.png) ![Share](https://images.hindustantimes.com/tech/static/revamp/images/png/Share.png) ![Share](https://images.hindustantimes.com/tech/static/revamp/images/png/Shareclicked.png) ![Share on WhatsApp](https://images.hindustantimes.com/tech/static/revamp/images/png/whatsapp.png) ![Share on WhatsApp](https://images.hindustantimes.com/tech/static/revamp/images/png/whatsapp-hover.png) ![Share on Twitter](https://images.hindustantimes.com/tech/static/revamp/images/png/twitter.png) ![Share on Twitter](https://images.hindustantimes.com/tech/static/revamp/images/png/twitter-hover.png) ![Share on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/facebook.png) ![Share on Facebook](https://images.hindustantimes.com/tech/static/revamp/images/png/facebook-hover.png) ![Bookmark](https://images.hindustantimes.com/tech/static/revamp/images/png/Bookmark.png) ![Bookmarked](https://images.hindustantimes.com/tech/static/revamp/images/png/Bookmarked.png) In a statement issued last week, online retailer Amazon said it will now give authors and publishers an option of a 70 per cent royalty rate on each Kindle book sold, net of delivery costs. This is well above the current 35 per cent royalty rate offered to most publishers for the device. The option is available for those who use the company's Digital Text Platform. To qualify, the price on the Kindle version of the book must fall between $2.99 (₹138) and $9.99 (₹461) and be at least 20 per cent below the lowest price for the physical book. Publishers also must allow the Kindle version to make use of features such as text-to-speech. Also read click here. Analysts say the move is clearly designed to make the Kindle more attractive to publishers, as the device faces more competition in the growing e-book market. The Kindle has the leading market share in the digital-book market currently, followed by Sony Corp., according to an analysis by Forrester Research, USA. But the device is facing a growing list of competitors, with several companies introducing new e-reader devices. — MCT Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. 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