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.
