From The Digital Reader
After news broke last week Audible was paying an abysmally low royalty rate for its romance audiobook service, Audible Romance, the audiobook retailer promised to patch the problem with a bonus, but wouldn’t give specifics.
The bonus payments have started to arrive, and we still don’t know any more than we did before.
. . . .
So far the reports from authors include:
- I received my bonus. It was $140. I only made $5 in the program.
- I got $25 and I had no minutes for the period.
- I made one cent from two books and got a $25 bonus.
. . . .
While it’s great that Audible is making up for last quarter’s disastrous royalty payment, they still haven’t said anything about how they will fix the fundamental problem of the Audible Romance subscription service.
Link to the rest at The Digital Reader
PG says Amazon has rarely made a misstep when it comes to compensating authors, but he suspects more than one indie author (and way more than one voice actor) is mentally placing Audible on probation.
Audible’s product quality is also likely to take a hit as authors choose lower budget narrators like Uncle Harry, who was a shock jock in Los Angeles thirty years ago, still has a bunch of old recording equipment in the garage and promises not to do drugs before recording sessions.
Successful indie authors are entrepreneurial and will spend their time and effort where there’s a real payback.