All Rights Reserved. Linda.
Anna Castle writes two historical series: Francis Bacon mysteries and the Professor & Mrs. Moriarty mysteries.
Audiobooks signed up before March 12, and those currently selling under the existing royalty structure, will continue to draw the original rates. If you want your book in audio very close to its initial release, expect narrators to research the reviews/sales of your previous titles. Because people use monthly credits, you don’t get those release-day surges in sales. The move, Amazon said in the post, which takes effect March 12, 2014, will, in part, encourage authors to become more aggressive marketers. The Publishing Industry's Daily Essential Read, Audible has temporarily increased author and narrator royalties to 45 percent on books by self-published ACX authors in an effort “to reduce the financial impact of COVID-19 on the creative community.” ACX audiobooks exclusively distributed through Audible, Amazon, and iTunes in April, May, and June are eligible for the full increase, while royalties on non-exclusively…. My biggest earnings from ACX was when they were discounting my audiobooks, but now that I’m fairly successful on the ebook side my audiobooks are all priced too high to be attractive and my sales have tanked.
It’s consideration like these, as an author, that made me do a “narrated-by-author” via a local music studio for my first experiment. Each Publishers Lunch Deluxe subscription includes full access to our searchable multi-year archive of industry news, a nightly email reporting 10 to 50 deal transactions, and our database of industry contacts, scripts, and posting privileges. Read these useful insights into how to persuade a narrator to do a deal with you - by @AnnaCastl & @JoelFroomkin, Everything You Need to Know To Avoid Being Ripped off as an Indie Author, Ask ALLi September Q&A with Joanna Penn & David Penny Video & Podcast, ALLi Members’ Self-Publishing Questions Answered by David Penny and Debbie Young, https://hollowlands.com/2017/02/narrating-and-producing-your-own-audiobooks/?utm_source=lk&utm_medium=cm-3, About SPAC: ALLi’s Self-Publishing Advice Center.
Amazon-owned audiobook retailer Audible is lowering the royalty rates it pays authors who self-publish, and exclusively sell, their audiobooks through the website.
But, if the book sales are strong and the author has a healthy readership, then royalty share can be a great collaboration and be worthwhile for both parties.
Today, we have a round up of all of the articles you need to avoid being ripped off as an indie author. It's unfortunate that in every industry there are people who will gladly take advantage of you.
There’s a lot of confusion about ACX royalties, so here are the facts: For me, the average sales price for one of my books … With royalty share, the narrator is making about $2 per sale (prior to the current Romance Package debacle.) (ACX audbiobooks distributed non-exclusively are dropping to a non-escalating rate of 25%.). AL – a member credit sale – $24.95 x 52% = $12.97 x 40% = $5.18 The publishing industry's essential daily read. In order to earn that union minimum, the book must sell 1,000 copies. Find out more at www.annacastle.com>. I contacted ACX to question royalty … I contacted ACX to question royalty payments and this is their reply: Usually, if a project is a strong royalty share prospect, the author will want to pay you up front because they know it’s going to sell. With the drop in royalty rate, for authors selling their audiobooks exclusively, Amazon has bumped up its "bounty" program. We authors post our title information, audition pages, etc, and we state whether we’re looking for royalty share or paying up front; if the latter, we select a price range per hour. I’m on an Audible-exclusive contract.
I quite agree. That’s how we calculate the risk. There’s a lot of confusion about ACX royalties, so here are the facts: My book, The Goldendoodle Handbook, retails at $24.99 on Audible.
My narrator contacted me about the royalty share project I’d posted over a year before (my first book) and has so far narrated 3 titles.
It depends on who does the production of the audiobook.
However, that can vary a lot depending on promotions, membership in Audible, etc. Ready to make an audiobook but unsure how to manage the financial split with your chosen narrator?
Here’s what Joel told me when I put that question to him. Many authors aren’t aware that we have up-front costs to produce the audio. With others, it’s going to be a real challenge. I’m hoping that going wide on audiobooks will help. Ask ALLi September – Your Self-Publishing Questions answered by Joanna Penn and David Penny David Penny stepped…, AskALLi Members' Self-Publishing Questions answered by David Penny and Debbie Young Each month David Penny &…, Hi Anna,
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