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
5/22/2013 3:12:29 PM
OK sure...then it's a gay romance novel involving Wesley Crusher and William Riker. Whatever. The point is whether or not the IP owners have any say in what gets published this way.
"A lot of people pay zero for the cellphone ... That's what it's worth." -- Apple Chief Operating Officer Timothy Cook
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
Quick Note: Whoops, Microsoft Pushed Unwanted Windows 10 to Some Users
October 15, 2015, 9:04 PM
Quick Note: Windows 10 Insider Preview Build 10565 Fixes Boot Camp 6.0 Issues
October 13, 2015, 11:39 AM
Microsoft's HD-500 ("Display Dock"), the Magic Sauce Behind Continuum
October 6, 2015, 5:30 PM
Quick Note: Windows 10 Hits 110 Million Devices, VMs
October 6, 2015, 4:30 PM
Windows 10 on Raspberry Pi, IoT Devices Sees Developer Debut
August 12, 2015, 2:41 PM
Sony Issues Bizzare "Do Not Update" Edict to VAIO PC Owners
August 11, 2015, 9:42 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information