Tuesday, April 1, 2014

Audiobook Revenues Reach $1.6 Billion - GalleyCat

Give us the money!
Panzer stopped in at his friends at GalleyCAT's  blog and found a post about audiobooks.

There's been a lot of talk lately about audiobooks. My bad boy told you about audiobook changes after ACX and Audible cut the royalty payments to authors.

Now we see that the revenues from audiobooks are astronomical: $1.6 billion!

Panzer says, "Hmmm. What's going here? Where's all this money going? Not to authors."

If you want to read about the audiobook sales explosion, tootle over to Audiobook Revenues Reach $1.6 Billion - GalleyCat

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