NYT: New Service for Authors Seeking to Self-Publish E-Books

The Perseus Books Group has created a distribution and marketing service that will allow authors to self-publish their own e-books, the company said on Sunday. The new service will give authors an alternative to other self-publishing services and a favorable revenue split that is unusual in the industry: 70 percent to the author and 30 percent to the distributor. Traditional publishers normally provide authors a royalty of about 25 percent for e-books.