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Audible To Discontinue Legacy Royalty Model

News Summary: Audible to Discontinue Legacy Royalty Model; All Creators Must Switch to New System by Year-End

The end of last week saw the latest in a string of announcements that's been ongoing over many years and that can all be basically summarized as "Audible changes its royalty model." You will remember that the last time this happened it was to announce a new model that effectively followed the Kindle Unlimited format (or indeed the class action settlement format!) of paying rights holders from a fixed pool (which might vary month to month but was fixed for each month). The so-called "new model" has had its fans and its detractors but has so far been a choice for rights holders to make.
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Royalty Model

Self-Publishing News: Audible Has a New Royalty Model

“More opportunities for authors and publishers.” That’s how Audible describes its new royalty model in the headline of its press release. I have seen authors variously offer a cautious welcome for a model that claims to have arisen from discussions with ours and be part of a “creator-centric ethos” and scratch their heads to try and figure out what it actually means in practice. Before I get to that detail, I will say that the emphasis placed in the release on transparency is welcome.
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How Audiobook Authors and Narrators are Paid by Audible-ACX. We think.

This is the second in a series of posts about the campaign known to self-publishing authors as #AudibleGate. ALLi would like to extend thanks to Colleen Cross for this post and for her work with the Fair Deal for Rights Holders and Narrators pressure group. If you haven't already, please sign the #Audiblegate petition here . We will keep you posted as the campaign develops. Now over to Colleen, to explain how audiobook authors and narrators are paid.
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