That's incredible, is that really what the revenue split with Amazon looks like?
I'm familiar with Lulu.com, and their standard ebook split gives 80% after the first $0.99 to the author. They even have a special going on right now giving 90%. (http://www.lulu.com/publish/ebooks/?cid=nav_ebks)
Granted you could argue that getting distribution on Amazon and all the Kindle owners is worth the difference. That's what makes it difficult to build a competitor. You could easily make an auction site, but the network effect of eBay is what sets it apart, not the features or pricing.
I'm familiar with Lulu.com, and their standard ebook split gives 80% after the first $0.99 to the author. They even have a special going on right now giving 90%. (http://www.lulu.com/publish/ebooks/?cid=nav_ebks)
Granted you could argue that getting distribution on Amazon and all the Kindle owners is worth the difference. That's what makes it difficult to build a competitor. You could easily make an auction site, but the network effect of eBay is what sets it apart, not the features or pricing.