We are thrilled to announce the re-launch of our self-publishing platform branded under the new name, Barnes & Noble Press. You will note that we have combined our eBook and print on demand platforms into a single experience and incorporated the brand change to reflect our close alignment with our retail stores.
With the new Barnes & Noble Press platform you will be able to sign in to a single website to create and manage your eBook and print books all in one place. Other highlights include: an increase in the royalty rate (65%) for eBooks priced $10 and above on all copies sold, and the ability for authors to set eBook pre-orders 12 months in advance. On the print side, we have added additional trim sizes, glossy cover options (in addition to matte), and less expensive color printing options.
Starting today, we will begin migrating accounts to the new platform. There will be a staggered rollout of the new site over the next three days, so you may not see all of your projects on the new platform until the migration is complete. Users who login to the current NOOK Press site will be automatically redirected to the new B&N Press website once their account and projects have been fully migrated. Books available for sale on BN.com and NOOK will not be affected and will remain on sale throughout the process.
We will be releasing new features over the next few months, and would love to hear what you think of the new site by emailing BNPressSupport@bn.com. Thank you for your continued support, and for publishing with Barnes & Noble and NOOK!
I don't wander into there. My books that are on B&N are there through Smashwords, if this looks good I might try it. I use CreateSpace for my paperbacks and I don't like the Amazon version of paperback. Maybe this will work better.
I got the email, and yesterday I got moved to the new platform. It's pretty much a jazzier version of the old platform. B&N has been doing print books for a while, but I have never seen a comparison between them and Amazon's PODs. I was intrigued by the "higher royalty rates for ebooks priced above $10." Does this mean that they won't drop to the lower royalty rate over $9.99 the way they used to, and Amazon still does?
Just to be different, their royalty rates are 40% and 65%, rather than Amazon's 35% and 70%.
Jonathan B wrote:
I only have a handful of books wide, but I wish B&N all the luck. I want them healthy and hale. I might make most of my money through Amazon, but I do not want them to be the only one out there.
Exactly why I decided to go wide with all my books. Competition is a good thing, although B&N is lagging behind iBooks and GPlay, at least for me.
To the OP:
It sounds like this initiative from B&N may be too little, too late, but at least they're trying. Their management track record doesn't exactly inspire me with confidence, but I'd hate to see their bookstores all shut down. In some cities, there's nothing else, and I still enjoy hanging out in a bookstore whenever I can.
We have a brick and mortar B&N here where I live. Good place for Christmas presents.
We used to have one too, before I moved to a small town. Thankfully, we plan to move back to a more civilized city this year.
Edit: On a tangent somewhat, there was an article in Forbes a couple of days ago about Apple refocusing attention on iBooks at last. Not sure if that will also be too little, too late, but at least somebody in the "other places" seems to have woken up.
Anyone know if, included in their changes, would be the opportunity for authors from outside the US to publish directly through B&N? Right now, as a Canadian, I have to go through a third party (I use D2D) to get my books in the Nook store. If they are trying to save Nook and expand, it seems like enabling more authors to participate would be a smart idea...
This is what their help section says:
Tax withholding is calculated based on the gross amount of your payment, before taking into account any costs associated with receiving payment.
The U.S. IRS requires Barnes & Noble Press to collect up to 30% from royalty payments issued to non-U.S. entities. The tax withholding will automatically be deducted from your royalties when they are paid.
You may be eligible for a reduced rate of U.S. tax withholding if your country of permanent residence (the country where you claim to be a resident of for purposes of that country's income tax) has an income tax treaty with the U.S. The link to information on tax treaty countries and applicable rates can be found on page 51 of the IRS 'Publication 515' under the Tax Treaties section or you can click on the link below.
If you provide a Form W-8BEN or W-8BEN-E to certify that you are a non-U.S. person, U.S. tax withholding will be reduced or will not be applied to your non-U.S. royalties from Barnes & Noble Press sales. If you do not certify that you are a non-U.S. person, you may be subject to U.S. tax withholding on your Barnes & Noble Press royalties. If you're uncertain which form to submit, consult with your tax adviser.
Barnes & Noble Press is required to collect a Form W-8BEN or Form W-8BEN-E from all non-U.S. publishers who are receiving royalties.
The purpose of the form(s) is to:
• Establish that you are not a U.S. person
• Claim that you are the beneficial owner of the income for which Form W-8BEN is being provided or a partner in a partnership subject to section 1446; and
• If applicable, claim a reduced rate of, or exemption from, withholding as a resident of a foreign country with which the United States has an income tax treaty and who is eligible for treaty benefits.
Please submit Form W-8BEN or W-8BEN-E to provide us with your U.S. taxpayer identification and/or foreign taxpayer identification information. Please be sure to complete the following:
• Write your Barnes & Noble Press Vendor ID (PUBXXXXXXX) in the 'Reference number(s)' section of the form.
• Be sure to enter your information in the correct fields and do not abbreviate any country names.
• If you are claiming treaty benefits for a reduced withholding rate, you must provide a U.S. TIN and/or your foreign tax identification number.
• Provide an original ink signature in the appropriate section and date the form.
Send a scanned version of the form electronically to VendorMaint@bn.com, or a hard copy to:
Barnes & Noble Press
Attn: Vendor Maintenance
1400 Old Country Road C-Level
Westbury, NY 11590
The W-8BEN form is for individuals only. If you're not an individual, you will need form W-8BEN-E. If you are uncertain which form to submit, consult with your tax adviser.
Sounds like a lot of work to me, but If you can figure that all out it may work for you.
Thanks, camellifolia, I see that on their site now. This is new for them, and is the same info as any other US publisher (including Kindle/Createspace, D2D, Ingramspark, etc), so that's good news! I don't know that I'll switch from D2D, since it's easy to have everything in one place, but it's a positive step for B&N.
All that said, I had more sales last month through B&N than ever before, so that's interesting...