Selling ebooks on Amazon Kindle

Today, I got really intrigued by the Kindle Digital Text platform for publishing ebooks. Amazon recently announce that it would increase the royalty paid for the books to 70%. But there is fine print to this news, this program comes in effect in June 2010 and is applicable only to the content that gets sold in US.

So, the royalty rates are going to stay at 30% for sometime to come or until Apple does something radical next week. But, this Amazon platform offers quite a new mechanism for ebooks publishing and I believe people are going to consume more books and content than they did earlier. This is turn of book publishing to be democratised.

I have been contemplating on the possibility of launching a ebook for quite a while. I intend to do an ebook on finance topics which could be used as primers/guides for getting an understanding on specific topics.