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Saturday, March 1, 2014

Amazon drops audio royalty rate

From Digital Book World

In a blog post yesterday, Amazon's Audible audiobooks service announced that it was lowering the royalty rates it paid content creators.

It's not the first time that Amazon has lowered the amount of money it pays authors and publishers for the audiobooks they sell through its platform and, GigaOm news editor Laura Owen points out, it's a reminder that Amazon could always change its royalties for Kindle ebooks.

"That would be a much more visible move than the changes to ACX, which the company surely realizes. But the changes at ACX shows that good introductory deals don't always last," she writes.

True, and as competition from Nook fades, it would be much easier to do with indie authors having nearly nowhere else to go.

That said, Amazon has not indicated that it plans to change its royalty structure. (GigaOm.)

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