May 15, 2009
And all you need is a blog with an RSS feed. Amazon has opened their platform to bloggers with a US bank account. Defining yet another way to make money through blogging, Amazon allows blog publishers to keep 30% of the income generated from blog subscriptions on their Kindle reader. That’s roughly USD 0.60 cents per subscriber per month if it costs USD 1.99 to subscribe your blog.
To sign up, you will need a separate account from your regular Amazon account. This service is still in Beta, so we’re bound to see some changes in the rates in the future. Of course, subscribing to feeds should be free (because it is free everywhere else), yet we’re also interested to see how this new business model develops for Amazon and bloggers.
We do wish that this service opens up to the rest of the world, as it alienates non-US based bloggers who want a hack at monetizing this new platform. It is indeed a sad reality that the Kindle isn’t available outside the USA in the same way that buying intellectual properties such as audiobooks, eBooks and music from Amazon (and iTunes) is very much restricted. Maybe it is time for a second version of the Florence Agreement?