43 mins ago June 7, 2013 – 11:17 AM EDT
Barnes & Noble will start commissioning original works for Nook Snaps, its e-singles section. For the first 60 days, authors keep 100 percent of the royalties, after that, the royalty rate drops 2:40 percent.
Barnes & Noble has sold e-singles as “Nook Snaps” since December 2011, but on Thursday the company announced that it is revamping the program and commissioning original singles content. Nook Snaps will release “3 2:05 New Nook Snaps selections of at least 5,000 words every other month” for $ 1.99 apiece.
Nook is commissioning some of the Nook Snaps, and, like Kindle Singles, will also accept unsolicited submissions – they’ll be launching a submissions box “shortly,” B & N VP of digital content Theresa Horner publican me.
the first sixty days after publication, Nook Snaps authors get 100 percent of the royalties. After that, the royalty structure matches that offered by B & N’s self-publishing platform Nook Press – so authors will get a 40 percent royalty, assuming that all Nook Snaps are priced at $ 1.99. (By contrast, Amazon offers a 70 percent royalty on Kindle Singles that are exclusive two Amazon.) The originally commissioned Nook Snaps are only two exclusive Barnes & Noble for 60 days, after that, authors can also sell them elsewhere.
Horner foretold me that Nook Snaps is “not meant to be a program in competition with Amazon Shorts [Kindle Singles]” Because it is more “author-centric” and ties into the Nook platform Press – a distinction that does not make much sense to me, since Amazon also stressed that Kindle Singles is a great platform for authors, and both companies are offering extra support and merchandising web page placement for the e-singles.
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