Audio
Amazon offers one free audiobook to Amazon Music customers
Perhaps in response to Spotify, Amazon Music subscribers in the US, UK, and Canada can listen to one full audiobook per month.
Spotify has boosted the audiobook market
During the first seven months of this year, the category in the US has grown by 25 percent in dollars versus last year’s 12 to 15 percent.
New podcast by the Book Maven
The first guests include AJ Jacobs on living Constitutionally, Claire Messud on writing family, and Johanna Copeland on creation in the time of motherhood.
Half of Australians use Spotify for audiobooks
One in two Australian audiobook consumers uses Spotify as of 2024, heavily learning toward younger and female audiobook consumers.
New collaboration makes ebooks from independent publishers more affordable for libraries
Libraries have typically been able only to license ebooks and audiobooks from publishers and aggregators, with no option to buy.
Book sales update: August 14, 2024
After a challenging 2023, Big Five publisher HarperCollins is enjoying a more successful fiscal 2024.
Spotify’s latest earnings report looks rosy
Spotify’s profit margin is up, and the last quarter was the most profitable three-month period ever for the company.
New imprint: Lemonada Books
Gallery Books (Simon & Schuster) is launching Lemonada Books to publish books based on podcasts coming out of Lemonada Media.
Spotify and Ingram strike distribution deal
More than 1,000 audiobooks from about 100 independent publishers (who use Ingram to distribute) will now be available via Spotify.
Open Road launches an industry podcast
Open Road Integrated Media has launched Open Book, a podcast hosted by Open Road’s CEO, David Steinberger.
Audible offers a new pooling payment option in the US market—but is this development meaningful?
Amazon’s Audible has announced that it is “rolling out a new royalty model that prioritizes equity, flexibility, and insight for creators.”
A new publisher, but what type of publisher?
Media company PAVE Studios is launching a book publishing venture, PAVE Publishing House, focused on producing books by podcast creators.
Did you know? Spotify pays lower music royalties by offering bundled music + audiobook subscription
The National Music Publishers’ Association has filed an FTC complaint against Spotify over a recent move to bundle music and audiobooks.
Audiobook sales update
According to the Audio Publishers Association, revenue increased 9 percent in 2023 for the 27 publishers surveyed.
Two more publishers join Spotify’s audiobook offering
Spotify’s new audiobook subscription service already includes all of the Big Five publishers.
New imprint: Airwave Books
Airwave podcast network and BenBella Books are launching Airwave Books, which will feature nonfiction books by Airwave’s creators.
Insights from London Book Fair
The publishing industry gathered in London this month for the London Book Fair, which attracted about 30,000 book industry professionals.
Spotify offers an audiobook access tier
Until recently, if you wanted to use Spotify for a streaming audiobook subscription, you had to be on their premium plan.
Coming soon: Better Audible royalty terms for indie authors because of Brandon Sanderson
Sanderson was able to bring Audible to the table to negotiate new terms not just for him, but for all self-publishing authors.
Findaway Voices reverses changes to terms of use for audiobook distribution
Two weeks ago, Findaway notified users they were changing their terms of use, which raised an alarm with authors who saw a big rights grab.
HarperCollins’s recent growth spurred by audiobooks; parent company NewsCorp to be “core content provider” for AI training
The publisher partly attributed its sales increase to “strong market growth for downloadable audiobooks,” as well as a new Spotify partnership.
Audible filling with AI-narrated books
Audible quietly started allowing AI-narrated audiobooks to enter its storefront late last fall, long after other retailers had done the same.
How well are audiobooks doing on Spotify?
Early reports are filtering in on Spotify’s new audiobook listening program that offers 15 free hours for paid subscribers.
Another record-breaking year for US library digital lending
According to OverDrive, the leading distributor of digital books to libraries, digital borrowing saw a 19 percent increase overall in 2023.
IMHO: Spotify Earnings for Authors Aren’t Bad (Yet)
A reality check on inconsistent, incomplete, and misleading commentary.