Audiobook Market update: 236 million people pay for a Spotify subscription which in theory gives access to up to 15 hours of audiobook content a month.
Today's news update looks across legislation of AI: The EU's AI Act is in its final stages of passing into law. In the UK, the House of Lords issued a report on large language models.
Three interesting snippet-lets that combine to form a story large enough to remind us of Amazon's relevance, newly released profit data, tips for discoverability of your book and their new personal shopper.
The IBPA has elected Tieshena Davis as their chair for 2024-25. And a German competition finds children reading aids generational literacy within families.
The audiobook market has, as you will all know by now, been growing steadily for a decade. Double digit growth is normal and while in the early days it was de rigueur to point out that this was starting from a very small base, that baseline is now within touching distance of ebooks.
Writers Union of Canada is calling for copyright law to catch up with new technology, whilst the winner of Akutagawa Prize used AI. Dan Holloway looks across recent AI writing developments.
The Under Covers Bookstore and Cafe will be an indie author bookstore exclusively for self-published books, and the team behind the idea have just launched a crowdfunding campaign.
Analysis by Enders say that the selling price of bookshad risen from £7.81 to £8.97 from 2001 to 2023. If the price had gone up in real terms, it would now be £13.80. This comes at a time when the cost of producing books has risen sharply...
Values-driven marketing, and investment in companies that can demonstrate those values has increased greatly, led by a perception that this approach demonstrates a real understanding of a new breed of consumer, often associated with Gen Z. Fairly Trained is clearly aiming to position itself in this space with a new AI copyright-friendly stamp proposition.
Ireland was trialing paying a basic income to about 2000 creative people, the survey results are now rolling in with some interesting lessons to learn.