Amazon is now paying a 70 percent royalty to authors who publish books through DTP on the Amazon Kindle and Kindle Applications for PC, Mac, iPad, iPhone, iPod Touch, BlackBerry, and Android phones.
Amazon will pay 70 percent of list price in royalty less the cost to deliver the book to the consumer. Currently, average delivery costs for $0.06 per unit sold.
If you have existing ebooks available for sale on Amazon’s Kindle, you must request to change your royalty rate on Amazon. To participate in Amazon’s 70 percent royalty program, log onto http://dtp.amazon.com and select “70 percent royalty option for each of your eligible titles.”
If you are confused about what you need to do, watch this step-by-step video that shows you exactly how to make sure you are getting a 70% royalty rate for each of your ebook titles sold through Amazon’s Kindle.