Original Link: http://www.theverge.com/2013/4/9/4205488/nook-press-self-publishing-ebook-platform-launches

Nook Media, the Barnes & Noble subsidiary that includes the Nook line of ereaders and tablets, has launched a new self-publishing platform for ebooks. Called “Nook Press,” the new platform takes the place of PubIt, another digital publishing program Barnes & Noble launched two years ago, and uses new technology from FastPencil, a digital self-publishing company that Barnes & Noble partnered with last year.

 Nook Press allows aspiring authors to write and edit their manuscripts on its website and sell the completed ebooks at any price between $0.99 and $199.99. Published ebooks appear for sale in the Nook Book Store in the US and UK, through the Nook mobile apps, and on Barnes & Noble’s main website. Barnes & Noble takes a 35 percent cut of the list price of books between $2.99 and $9.99, and a 60 percent cut of all other book prices. That’s on par with the 30 percent cut and 65 percent cut Amazon takes from authors under Kindle Direct Publishing‘s options, and the 30 percent cut Apple takes from iBooks Author publications.

So far, Nook Press is only available to US authors who have applied for and received a stamp of approval from Barnes & Noble, and is restricted to the desktop website, but we’ve reached out to Barnes & Noble about more availability information and will update when we hear back. It’s unclear how the move will impact Nook’s flagging device sales as of late, but at the very least, it is on track with what we previously heard about the company’s plans to expand Nook Media’s self-publishing options.

This is actually the second self-publishing platform that Barnes & Noble has launched.. They first launched Pubit two and a half years ago. Nook Press replaces PubIt and expands it with web-based publishing tools.