Some publishers already reeling from lost revenue as a result of the COVID-19 pandemic are about to take another hit. Amazon says it will soon drastically reduce the commission rates of its affiliate marketing program—the cut of sales it rewards to participating websites that drive customers to purchase one of its products using a unique URL—across several categories. Updates to the Amazon Associates operating agreement reveal that, beginning Tuesday, April 21st, several product categories that previously were on the more lucrative end of the program for affiliates will see commission rates cut by as much as 60%. Commission rates on products in the furniture, home, or lawn and garden categories, for example, will be cut from 8% down to just 3%. Lower commission categories such as various electronics, as well as other specific categories like kitchen and jewelry, will apparently remain unchanged. We've put together a summary of the changes below, using rates pulled from the operating agreement as well as the update. CNBC.com—which got a hold of an announcement emailed to Amazon Associates members that makes no mention of any particular reason behind the rate reductions—reports that an Amazon rep declined to comment on whether the changes were related to the COVID-19 pandemic. A screenshotted email shared on an online forum for members of Amazon's affiliate program, purportedly sent from an Amazon rep, said the rate changes are "not related to current events." While it's... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-04-15 01:15:20 UTC ]
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Authors are normally paid a consistent amount for every ebook you download, no matter how much of a page-turner it is. Amazon might just shake up that model before long, though. As of July 1st, the internet giant will pay Kindle Unlimited and Kindle... Continue reading at Engadget
[ Engadget | 2015-06-22 00:00:00 UTC ]
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Publishers’ contracts with Amazon could become void if the European Commission (EC) finds that the online retailer has acted illegally in terms of its ebook distribution practices and its relationship with publishers. Continue reading at The Bookseller
[ The Bookseller | 2015-06-20 00:00:00 UTC ]
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Amazon has today launched a new version of the Kindle Paperwhite, which will be available from the end of June. The latest generation of the device includes a new “typesetting engine for more beautiful pages”, an exclusive Kindle font called Bookerly, and “the highest resolution Paperwhite... Continue reading at The Bookseller
[ The Bookseller | 2015-06-18 00:00:00 UTC ]
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Penguin Random House has signed new long-term sales agreements for print and ebook sales with Amazon in both the US and UK, on undisclosed terms. The agreement was confirmed by Amazon. A PRH spokesperson said: "We do not discuss our relationships with our retail partners. But, as you can see,... Continue reading at The Bookseller
[ The Bookseller | 2015-06-18 00:00:00 UTC ]
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Amazon's domination of digital comics distribution continues with Marvel's new deal to sell single issues through Kindle.Last April, Amazon took steps to own the comic book industry's digital transition by purchasing comiXology, the leading platform for buying and reading digital comics. Today... Continue reading at Fast Company
[ Fast Company | 2015-06-18 00:00:00 UTC ]
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Amazon is changing the way it pays self-published authors whose books are enlisted in the Kindle Unlimited and Kindle Owners Lending library to a pay-per-page-read model. From 1st July, it will pay Kindle Direct Publishing (KDP) author royalties depending on how many pages of a book a customer... Continue reading at The Bookseller
[ The Bookseller | 2015-06-17 00:00:00 UTC ]
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Amazon has signed new long-term sales agreements with Penguin Random House in both the U.S and U.K. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-17 00:00:00 UTC ]
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Amazon.co.uk’s office staff move to London is now complete, the company has said. More than 2,000 employees, most of them previously based in Slough, have now moved to one of the online retailer’s three London locations – Glasshouse Yard near the Barbican in EC1, Leadenhall Court in EC3, and... Continue reading at The Bookseller
[ The Bookseller | 2015-06-16 00:00:00 UTC ]
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Amazon is updating its royalty terms for authors enrolled in Kindle Unlimited and Kindle Owners Lending Library and will pay authors based on the number of pages read in each book borrowed. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-16 00:00:00 UTC ]
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Philip Pullman has warned that the European Commission should consider falling author income as part of its investigation into Amazon's ebook business. The author warned The Bookseller that the investigation, announced yesterday (11th June), was failing to take the role of the author into... Continue reading at The Bookseller
[ The Bookseller | 2015-06-13 00:00:00 UTC ]
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The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended May 31, 2015. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-12 00:00:00 UTC ]
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The trade has welcomed the European Commission’s investigation into Amazon’s ebook business, with publishers, agents and booksellers calling for a fairer digital marketplace for books. Richard Mollet, c.e.o of The Publishers Association, added: “For some time now we have been calling on... Continue reading at The Bookseller
[ The Bookseller | 2015-06-12 00:00:00 UTC ]
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The UK Booksellers Association has taken a lead role in pressing for a regulatory investigation into Amazon, The Bookseller can reveal. The association submitted a dossier to the Competition and Markets Authority last November about Amazon’s “domination” of the UK market, which it believes paved... Continue reading at The Bookseller
[ The Bookseller | 2015-06-12 00:00:00 UTC ]
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The European Commission has opened a formal antitrust investigation into the way Amazon distributes ebooks and its relationship with publishers. Continue reading at The Bookseller
[ The Bookseller | 2015-06-12 00:00:00 UTC ]
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The European Commission open a formal antitrust investigation into Amazon's ebook business amid concern the online retailer stifles competition. Continue reading at BBC World
[ BBC World | 2015-06-11 00:00:00 UTC ]
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Amazon.com’s ebook distribution deals are coming under close scrutiny from the European Commission, which has begun a formal antitrust investigation into the company’s contracts with publishers.The probe will focus on clauses in Amazon’s contracts that require publishers to tell the company... Continue reading at PC World
[ PC World | 2015-06-11 00:00:00 UTC ]
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The move continues a trend of cracking down on the operations of major tech companies in Europe.In recent months, European regulators increasingly have been scrutinizing the practices of U.S. tech giants that dominate their respective industries, focusing their investigatory efforts on Amazon,... Continue reading at Fast Company
[ Fast Company | 2015-06-11 00:00:00 UTC ]
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The European Union's anti-antitrust crusade continues with an investigation into Amazon's ebook distribution deals. The post Amazon’s European Woes Continue With New EU Investigation appeared first on WIRED. Continue reading at Wired
[ Wired | 2015-06-11 00:00:00 UTC ]
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Entrepreneur Will Cookson has developed an app which sends people to independent bookshops when they browse on the Amazon website. Cookson, who describes himself as an entrepreneur and creative director, has invented Bookindy, an extension for the Google Chrome browser which, when downloaded,... Continue reading at The Bookseller
[ The Bookseller | 2015-06-06 00:00:00 UTC ]
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There's no question that Amazon is hurting independent bookstores. It's hard to compete with the convenience of quick shipping. If you live in the UK, though, a Chrome extension uses the online retailer's listings to give you a local option during th... Continue reading at Engadget
[ Engadget | 2015-06-06 00:00:00 UTC ]
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