New York – Bookseller Barnes & Noble (NYSE: BKS) on Monday launched
PubIt, a new platform that independent and self-publishers can use to digitally
distribute their works via BN.com and the Barnes & Noble eBookstore.
Publishers charging between $2.99 and $9.99 for their titles will receive 65%
of list price, while those charging more or less will receive 40%. The service
launches with "tens of thousands" of new titles, with Barnes &
Noble promising to make new submissions available in 24-72 hours.