Jeff Bezos (via marco)

UPDATE: Further down in the story is another intresting tidbit..

BEZOS: Basically you submit the book, you set the price for it, we charge the customer and then we give you 35 percent of the revenue.

NYTIMES: And Amazon keeps 65 percent? That sounds like a lot.

BEZOS: Does it? You’re an author, what does your royalty check look like? Are your royalties 35 percent?

EH?

The media industry is very backwards. We all know that Apple usually provides a 30:70 split for most everything the sell in the iTunes store (even the app store). Where they keep 30 percent and the 70 goes to the artist/writer/developer.

I know the book industry is notorious for cutting interesting deals, but wow.