SEATTLE (AP) — Amazon is offering an enticement to independent bookstores: sell the Kindle and get a 10 percent cut of the price of the digital books that people buy for it, for two years.
Amazon.com Inc. said Wednesday that the program, called “Amazon Source,” will also give booksellers a discount when they purchase Kindles for resale. Retailers that don’t classify themselves as booksellers get a larger discount on the Kindles but not the 10 percent cut of the books sold on the devices.
Booksellers get a 6 percent off Kindle devices for resale, while general retailers get 9 percent off.
Amazon got its start selling books over the Internet and is now the world’s largest online retailer. It competes with brick-and-mortar bookstores by selling books at a discount.
(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Twitter Rolls Out Stricter Rules On Abusive Content
- McCain Treated For Viral Infection, Returns Home To Arizona
- SpaceX Capsule Back At Space Station With Pre-Christmas Haul
- Hershey Buying Austin-Based Amplify For $1.2 Billion
- Airport Woes In Atlanta Impacting DFW Travelers
- Woman Forced To Strip And Serve Jail Time For Overdue Ticket
- Veteran Wants Flag Vandals To Take Responsibility For Crime
- Lightning Strikes Man Twice At Rednecks With Paychecks
- Sleepy Driver Crashes Into Mattress Store
- Jerry Jones: ‘London Could Be An Expansion’
- PHOTOS: Your Pet Pictures