Barnes & Noble has announced PubIt! PubIt! is a self-publishing portal that allows writers to get ebooks out to the world.
When using the system, user will upload content which will then be converted to the ePUB format by PubIt!. The ePUB format will then be compatible with a number of readers such as the Nook.
Once books are uploaded and converted to the correct format, they will then become available within 24 to 72 hours on the Barnes & Noble eBook store.
The compensation model has varying percentage rates for the sales with the highest being 65 percent for books priced between $2.99 and $9.99. Anything less than that the percentage drops to 40 percent and for books over $10.00 the percentage also drops to 40 percent which makes the $9.99 or $19.99 price points more attractive to sellers.
The full details can be found over at PubIt!
Via: Engadget
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