Audiobook Publishers: The Top 6 & How Authors Can Fast Track Their Writing Career
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Online Stores & Sales Information Insight for Authors
The audiobook is one of the fastest-growing segments in the online publishing industry. In fact, audiobook sales revenue in the United States reached $1.3 billion in 2020, which continues an upward trend that started in 2018.
You’ll discover that the audiobook distributors and retailers on this list take a large portion of the profits from each audiobook sale. However, the game is changing. If you want to fast track your writing career so you can go full-time sooner, then check out this audiobook distributor that lets authors keep all the profits by cutting out the middle man. You’ll discover that’s just the beginning of the benefits they offer.
Audiobook Option 1: Royalty Share and Royalty Share Plus
Image courtesy of Katie McBroom via Unsplash
The biggest audiobook publisher on this list is Amazon’s Audible. The audiobook store offers more than 200,000 pieces of audio content to listeners worldwide.
Users can choose to enroll in their 30-day free trial and get a free audiobook each month along with a 70% discount on every extra title they pick up after.
To start selling on Amazon’s Audible, you need to go through the Audiobook Creation Exchange (ACX) of Amazon KDP. This is the platform that can produce and begin distributing not only to Audible but also to Amazon and iTunes. This is also the place where you can hire or contract with an audiobook narrator.
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More DetailsHow Do Audiobook Royalties Work with Findaway Voices?
ACX’s Royalty Share option provides authors with the flexibility that will allow them to compensate their producers by providing them with an equal share of all royalty earnings for a designated audiobook.
Authors with this option can reduce or avoid paying extra to have their audiobook produced and distributed by the platform.
The primary benefits of this option are:
- Earnings are split equally with the producer while letting you earn 20% royalties for all audiobook sales.
- A one-time payment will let you gain access to a higher tier of producers to choose from.
- No need to worry about paying out-of-pocket expenses while your producer receives equal payment of the proceeds of your audiobook.
Audiobook Option 2: Pay for Production
The second deal available to ACX authors is the option to invest in your own audiobook production.
With this deal, you pay a one-time fee to your chosen producer depending on the length of your accomplished audiobook. In exchange for this, you get to retain full audio rights while keeping control of how you distribute your content.
The primary benefits of this option are:
- You get to earn 40% of all retail sales on Audible, Amazon, and iTunes with the added benefit of exclusive distribution.
- You can also choose to retain the right to distribute on other platforms while earning 25% of retail sales on Audible, Amazon, and iTunes.
- You only have to pay your producer a one-time fee to work on production and then you get to collect your royalties in full.
Similar to the first option, authors can take advantage of the common benefits that are provided for all ACX members.
How Do Audiobook Royalties Work with Findaway Voices?
When it comes to royalties, you get to set the price for your audiobook. Regarding fees from the sale of your audiobook, the retailer will take 50% of the purchase price off the top. If the retailer is Audible, they will take 75%. Of the remaining amount, ranging from 25% – 50%, Findaway Voices keeps 20% of each sale you make and you’ll keep 80% of what’s left.
Who Are the Distribution Partners of Findaway Voices?
Perhaps the biggest reason why many authors publish with Findaway Voices is because of their vast network of distribution partners. In fact, they are the largest audiobook distributor at this time.
“In a world older and more complete than ours they move finished and complete, gifted with extensions of the senses we have lost or never attained, living by voices we shall never hear.”
— Olivia Rhye, Product Designer
The great thing about Findaway Voices is that authors only have to go through the verification process for their title once. Authors who have been approved can then have their audiobook published to all of their retail partners in the network.
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