Amazon to Launch "Kindle Worlds" for Fan Fiction Writers
May 22, 2013 12:00 PM
comment(s) - last by
Fan fiction writers can get the licenses they need and royalties
Amazon is launching a new platform for the fan fiction fanatic.
The new publishing platform, called Kindle Worlds, retrieves
the licenses needed
from rights holders so that fan fiction writers can publish their stories and receive royalties as their work sells on Amazon.
Amazon said it has already received licenses from
. Television Group’s
division for its book series Gossip Girl, by
Ziegesar; Pretty Little Liars, by
; and Vampire Diaries, by
L.J. Smith. It plans to announce more licenses soon.
With this authorization, writers can create fan fiction stories about any of the above-mentioned books. From there, the stories are sold on Amazon and the writers receive royalties.
The royalty rate for writers with 10,000+ word stories will be 35 percent of net revenue, and Kindle Worlds will base net revenue off of sales price. For short stories of 5,000-10,000 words, Amazon will pay the royalties for the World’s rights holder and pay authors a digital royalty of 20 precent. Royalties will be paid monthly.
While the writer clearly benefits with the necessary licenses needed and royalties, the rights holders could also benefit through this new way of monetizing their franchises. They can also work with Amazon to set guidelines for writers and open their franchises to new audiences.
“At Kindle, we’re not only inventing on the hardware and software side of the business, we’re inventing new ways to create books,” said
, Director, Business Development and Publisher of Kindle Worlds. “Our goal with Kindle Worlds is to create a home for authors to build on the Worlds we license, and give readers more stories from the Worlds they enjoy. We look forward to announcing additional World licensing deals in the coming weeks.”
Amazon is always looking to up the competition with added content and even low hardware prices. In March, Amazon cut the price of its
8.9-inch Kindle Fire HD tablet
from the $299 launch price to $269 for the Wi-Fi version and $499 to $399 for the 4G version.
This article is over a month old, voting and posting comments is disabled
I CAN FINALLY PUBLISH MY BOOK!
5/22/2013 12:35:03 PM
I've written my 40 chapter book "The Muggle" two years ago but couldn't get it published because I couldn't get it in the right hands.
I've been re-writing it based of the World War 2 universe and a different special "magical" agency under Churchill but I always wished I could publish the book this is based off of.
All in all, I hope Amazon gets the licensing from Rowling soon.
"This week I got an iPhone. This weekend I got four chargers so I can keep it charged everywhere I go and a land line so I can actually make phone calls." -- Facebook CEO Mark Zuckerberg
Amazon Slashes Kindle Fire HD 8.9" Prices, Opens Availability to Europe, Japan
March 14, 2013, 8:45 AM
Authors Guild: Amazon's Kindle Owners' Lending Library is "Nonsense"
November 16, 2011, 12:35 PM
Report: Windows 8.2 Revives Start Menu, Runs Metro Apps in Desktop Mode
December 10, 2013, 2:56 PM
Quick Note: Pier Solar and the Great Architects Coming to the Wii U in HD
December 6, 2013, 4:56 PM
Microsoft Channels LittleBigPlanet and Minecraft With "Project Spark" Beta
December 4, 2013, 9:14 AM
Software Firm Apptricity Receives $50 Million in U.S. Army Piracy Lawsuit
November 29, 2013, 11:42 AM
EA and Tiger Woods Part ways, EA Sports Offers First Look at Next Gen Golf Game
October 29, 2013, 9:27 AM
Quick Note: Trial Versions of iWork, Aperture Updated for Free by Mac App Store
October 24, 2013, 12:53 PM
Most Popular Articles
China's Lunar Rover Enters Orbit, Prepares for Historic Sat. Landing
December 13, 2013, 5:00 PM
Metro-Enabled Firefox Browser Expected to Land After Two Years of Work
December 12, 2013, 5:21 PM
The History of Normandy: How Nokia Plotted a Low-End Android Line
December 11, 2013, 8:12 PM
Ten Senators Sponsor Bill to Scrap Corn Ethanol Market Manipulation
December 13, 2013, 1:52 PM
China's Moon Rover Lands Safe and Sound, Starts Snapping Pics
December 16, 2013, 1:22 PM
Latest Blog Posts
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
Is The Period Becoming an Expression of Anger?
Nov 26, 2013, 2:02 PM
NSA and Congress -- You Will Never Kill the Constitution, It's an Idea
Nov 10, 2013, 2:00 PM
AT&T Explores $100B+ USD Deal to Acquire Vodafone's European Operations
Nov 4, 2013, 7:34 AM
More Blog Posts
Copyright 2013 DailyTech LLC. -
Terms, Conditions & Privacy Information