From The Bookseller:
Unabridged audio rights are said to have become a “battleground”, as dedicated audio companies such as Amazon-owned Audible increasingly look to sign rights directly from agents.
Agents meanwhile say they are looking to place audio rights where they can be fully exploited, even if that means bypassing traditional publishers.
Alice Lutyens, audio manager at Curtis Brown, said that selling to dedicated audio publishers produced the best results for authors. “The policy at Curtis Brown is to not grant audio rights to publishers in the head contract, and instead focus on selling the audio rights to independent audio publishers, such as Audible, W F Howes, Bolinda and AudioGo,” Lutyens said.
. . . .
Pandora White, audio publisher at Orion, said the area had become “a battleground” with “a fight all round for unabridged rights”. She said: “Audible is now approaching agents and offering a better royalty. It looks at what titles aren’t available in audio, then goes and looks to get hold of the rights itself . . . It is forcing us to change how we work. We have to emphasise the quality of our product, the fact we can link in to the publicity and marketing of the print book. It also means we’re exploiting the rights more to show agents we can, and our list is growing, which is a good thing.”
Link to the rest at The Bookseller