Audiobooks have become tremendously popular over the past few years. After all, you can listen to audiobooks while driving, doing house chores, or exercising, without straining your eyes glued to the screen. Affordable and accessibility are other reasons why this book-reading format is becoming popular at an unprecedented pace, with no signs of stopping. We did our research … [Read more...] about 10 Audiobook Stats You Should Know in 2023
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KKR Likely to Sell Audiobook Publisher RBmedia
As per recent sources, KKR, the leading global investment company, is preparing to sell its portfolio company and audiobook publisher RBmedia. The price for the sales is likely to be $2 billion. KKR is known for offering diverse services like alternative asset management, insurance, and capital market solutions. They are renowned for generating high returns through a … [Read more...] about KKR Likely to Sell Audiobook Publisher RBmedia
New B&N Nook Glowlight Plus appears in a product page at company retail store
There have already been reports about B&N coming up with a new Nook device - the Nook Glowlight 4 Plus having a 7.8-inch e-paper display. It is going to be their new flagship e-reader and there already are reports of things being in the final stages right now. A Reddit user has come up with what can be considered a B&N Nook product page put up at one of the company's … [Read more...] about New B&N Nook Glowlight Plus appears in a product page at company retail store
Android Reading Mode can turn any piece of text into an audiobook
For individuals with busy schedules who find it challenging to dedicate time to reading, podcasts, and audiobooks offer a convenient alternative. Now, as SlashGear pointed out, Android users can enjoy reading on their mobile devices while multitasking, thanks to a new app called Reading Mode. The app can be particularly beneficial for visually impaired users given the … [Read more...] about Android Reading Mode can turn any piece of text into an audiobook
Audible Plus Vs. Premium Plus
With a US market share of 63.4% (as of 2022), Amazon Audiobook is quite popular among users. It allows users to access several podcasts, audiobooks, and classics. As for their subscription plans, earlier, you needed to pay $14.95 monthly as a subscription fee and receive one credit. For two credits, you needed to pay a bit more. However, now there are two different subscription … [Read more...] about Audible Plus Vs. Premium Plus
British parliament claim 20% VAT on audiobooks unfair and discriminatory
Calls are intensifying for the Government to abolish the 20 percent tax imposed on audiobooks, as campaigners argue that it unfairly impacts individuals with visual impairments, express reported. Prominent charities, influential Conservatives, and key figures in the literary community are urging the Government to grant audiobooks the same zero-VAT status enjoyed by physical … [Read more...] about British parliament claim 20% VAT on audiobooks unfair and discriminatory
Spotify is waiving distribution fees in its bid to lure in more indie authors
Findaway, an audiobooks retailer under Spotify's ownership, has announced that it will waive its 20 percent royalty cut on titles sold via its DIY Voices platform as long as the transactions take place on Spotify. According to a blog post from the company on Monday, Findaway aims to "transfer cost-saving benefits" stemming from its incorporation with the music streaming giant. … [Read more...] about Spotify is waiving distribution fees in its bid to lure in more indie authors
Latest Audible update makes iOS 15.5 the minimum needed to run the app
Audible has come up with a new update for iOS users which claims to introduce several improvements as well as bug fixes. According to the change log available, it is iOS 15.5 that would be the minimum needed for receiving updates henceforth from Audible. That is also the minimum iOS version needed to make the most of the Spatial audio and Dolby Atmos sound effects that the … [Read more...] about Latest Audible update makes iOS 15.5 the minimum needed to run the app
Nielsen BookData reports slight decline in e-book sales in the UK in 2022, audiobook growth slows
Nielsen BookData’s Consumer 2022 presentation at the London Transport Museum has revealed a slight decline in the UK book market in 2022. According to the research, UK consumers bought 348 million books last year, a decrease from the pandemic-boosted highs of 2020 and 2021, with volume and value down by 4 percent to 5 percent compared to 2021. However, the report shows that … [Read more...] about Nielsen BookData reports slight decline in e-book sales in the UK in 2022, audiobook growth slows
Audiobook Narrators and Authors Fear Apple Using Their Voices to Train AI
Spotify’s audiobook narrators and authors became angry after learning of a clause in the agreement between authors and Findaway Voices – a leading audiobook distributor. Findaway Voices allowed Apple to use audiobook files for training machine learning (ML) models. Some authors and narrators say they were unaware of the clause. Many believe they signed off on the ML clause … [Read more...] about Audiobook Narrators and Authors Fear Apple Using Their Voices to Train AI