File this one as reason No. 123 why the Kindle isn’t going to save newspapers:
70 percent.
That’s right, Amazon plops the content on its device, does none of the writing, editing, fact checking, reporting or anything and expects to get 70 percent of the revenue.
Rather than launching into what will probably be a profanity-laced tirade about how ludicrous this idea is, I’m going to leave it to you the reader to leave your disgust in the comments section of this post.