Thursday, March 15, 2018

Did Amazon's Audible inadvertently create the current royalties mess by incentivizing listeners to skip forward in the audibook? - The Hot Sheet reviewed. First edition - The New Publishing Standard

When Panzer got into the Panzermobile today he found a wadded up post under his pilot's seat. Smoothing it out our fastidious kitty discovered it was a post from The New Publishing Standard site which is a review of a The Hot Sheet post. The post is about Amazon's Audible subscription service.

In the The New Publishing Standard post Mark Williams quotes extensively from the March The Hot Sheet post about Amazon's Audible romance audiobook subscription service royalties schedule and author payment issues. In between the quoted material he inserts his opinions regarding the issues raised in The Hot Sheet post. According to the information contained in the March post, the payment rate was so abysmal authors were leaving the subscription service. Audible then decided to add a bonus for authors; however, no information was made available about how the bonuses were calculated. The post addresses other issues with the unlimited subscription service. There are links included in the post to other sites with information about the romance subscription service.
A fraction of a cent? Humans.

Panzer says, "Umm ... This little kitty is totally confused. Why would an author agree to a contract where you only make one one-thousandth of a cent per minute?"

Note: This is a h-u-m-o-n-g-o-u-s post. Bring a thermos of tea and four muffins for today's reading selection.

To read the post tootle over to Amazon's Audible

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