Chris Baker: "Recognizing that the world of fan fiction has produced a bona fide blockbuster, Amazon is now turning fanfic from a grey market to a sanctioned revenue opportunity with Kindle Worlds."
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A new initiative from Amazon called Kindle Worlds, introduced yesterday, is offering fanfic authors a cut of the sales when their works are published through the program. Amazon’s first partner in this project is Alloy Entertainment, a division of Warner Bros TV Group, which is providing the licenses to the franchises Gossip Girl, Pretty Little Liars, and The Vampire Diaries.
Very interesting indeed -
I wonder what Fifty shades of money to the lucky authors will look like!