The audiobook industry is experiencing a boom period in the sheer amount of people listening to the format and the entire audio industry is doing solid business. Publishers, narrators, sound engineers, retailers and authors are experiencing a huge financial windfall. Audiobook sales generated $2.8 billion dollars in the United States in 2017 and this is an increase of up … [Read more...] about Global Audiobook Industry Report for the First Half of 2018
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Global Audiobook Trends and Statistics for 2018
Audiobooks are the fastest growing segment in the digital publishing industry. The United States continues to be the biggest market for the audio format and in 2017; there was over $2.5 billion dollars in sales, which is a slight increase from the $2.1 billion generated in 2016. Michelle Cobb of the Audiobook Publishers Association stated, “26% of the US population has listened … [Read more...] about Global Audiobook Trends and Statistics for 2018
Audiobook Metrics and Statistics for 2017
Audiobook sales have been growing over the past four years and major publishers have all disclosed that audio sales are making up for the massive decline for their e-book units. How have audiobooks been growing in the first six months of 2017? Michele Cobb, executive director of the Audio Publishers Association, pointed to the “significant” increase in units and dollars that … [Read more...] about Audiobook Metrics and Statistics for 2017
Audible and ACX Lower Self-Published Audiobook Commission Rates
Amazon launched ACX in 2011 to connect up publishers, authors and producers for unsold audiobook rights. Indie authors have begun to use the program more than the publishing companies and Amazon has tweaked their program a number of times to be more appealing. Today, the company announced they were adjusting the royalties it pays on audiobooks. When the ACX program first … [Read more...] about Audible and ACX Lower Self-Published Audiobook Commission Rates
AudioGO Faces Challenges in the Audiobook Market
The audiobook industry is starting to undergo dramatic shifts in their content delivery methods and major publishing companies are now investing millions of dollars into expensive productions. The entire audiobook industry is currently worth around 1.6 billion dollars and that figure should climb further. The main reason? Audiobook producers have been increasing their output. … [Read more...] about AudioGO Faces Challenges in the Audiobook Market