Today, Penname got offers from Tantor and Audible (
big audiobook publishers) to do audio for her new series, which is currently selling like gangbusters.
The partnership with Oasis Audio also makes them the 10th
biggest audiobook publisher to share content with Audiobooks Now.
Not exact matches
There has been a gradual shift among
big name ebook
publishers to branch out into developing
audiobooks, an industry segment that is worth billions already and is expected to climb further.
One in four
publishers saw the
biggest year - on - year growth from audio, many
publishers are still making no money from
audiobooks direct, choosing instead to license the content to dedicated
audiobook publishers or not acquire the rights in the first place.
Audiobooks are becoming
big business for
publishers and many of them are offering lucrative financial arrangements to narrators.
The digital
audiobook industry has been growing exponentially for the past four years and the
big five
publishers are generating the lionshare of revenue.
I have noticed a
big trend in the way
audiobook and e-book revenue is being reported by major
publishers in 2016.
I wonder what could happen if the
Big Five
publishers of the Anglo - Saxon world banded together like this to form an Alliance to defy Amazon, produce their own eReaders, develop their own software, and build up a robust ecosystem, to directly compete with Amazon, whom they so loathe yet can't live without... Off course the devices, software, and ecosystem would have to be absolutely top notch to make people actually consider leaving Amazon (the
Big Five might want to capitalise on
AudioBooks by making eReaders that allow you to plug in a headphone).
As a print
publisher, you can use ACX to find talented professionals to collaborate with, and expand your business by establishing a brand - new
audiobook division, however
big or small.
Adler also promises that more deals with
big publishers for e-books and
audiobooks are on the way.
Crunching the numbers, I can sell more ebooks in a shorter amount of time than a
Big 6
publisher can sell hardcover, s paperbacks,
audiobooks, and ebooks, all combined.
Patrons currently have access to more than 500,000 items that include titles from music partners Universal and Warner, videos from a long list of partners including Disney and MGM, and
audiobooks from nearly all of the
Big Five
publishers.
It remains to be seen whether other
big - six
publishers that don't allow library lending of any e-books at all but do offer unrestricted
audiobook downloads — Hachette, for instance — will follow Penguin's lead.
But by the end of 2017, all
Big Five
publishers demanded
audiobook rights be part of the deal.