Bobby Rifle

Will Amazon Announce New Kindle for News Distribution Today?

Kindle doesn't look to be very promising for newspapers, if Rupert Murdoch and James Moroney are any indication.

Moroney (Dallas Morning News publisher) told the Senate today that Amazon is offering newspapers only 30% of the subscription revenue *and* wants the right to license the content to any portable electronic device (not just Kindle, not even ones made only by Amazon).

Similarly, on the NewsCorp earnings call today, Murdoch griped about Amazon's demands on content rights: “We will not be ceding our content rights to the fine people who created the Kindle. We will control the prices for our content and we will control our relationships with our customers. Any device maker or website which doesn’t meet these basic criteria on content will not be doing business long-term with News Corporation.”

Newspapers Need a New Business Model

>You can hasten this transition and support the vitally important free press. For example, begin ignoring the old media with its disrespectful advertising by canceling your newspaper subscriptions and redirecting those funds to your trusted friendly neighborhood bloggers

Panhandling is not a business plan.