This week’s guest, author Jacquie Biggar talks about what it’s like to release her first audio book and details the process. Congratulations Jacquie!
It’s hard to express the feeling I had this week when Audible released Missing: The Lady Said No to audiobook. Hearing your hero speak for the very first time is indescribable.
I’ve been waiting for ACX- (Audible Creation Exchange) the company that produces audiobooks for leading suppliers such as Audible, Amazon, and I-tunes to allow Canadians into their marketplace and this June 1, 2017 it happened!
Here’s a little background info on the increasing popularity of audiobooks from the Publishers Weekly site:
A new report issued by the Audio Publishers Association found that 2016 was another good year for audiobooks. The findings show double-digit growth for both audiobook sales and title output.
Total sales rose 18.2% over 2015, to an estimated $2.1 billion, while unit sales did even better. According to the report, unit sales rose 33.9%, to 89.5 million. Sales are based on reports from about 20 audiobook publishers. The APA then extrapolates from those figures, to derive an estimate for the entire market. The title output from reporting companies was 50,937 in 2016, a 43.1% increase over 2015.
I think that’s cause for a celebration, don’t you?
The process is easy. ACX walked me through the steps of loading my book, choosing passages with a variety of characters for the auditions, and setting up my contract with them. You can choose to be exclusive to Audible for seven years (keep in mind they do upload to the three biggest suppliers in the industry) or you can buy your rights and load the book wherever you like.
There are also a variety of ways to pay your narrator.
- You and your Producer can agree to a Pay for Production Fee (a one-time flat fee) or a Royalty Share Deal (in which case your Producer won’t earn money up front, but will instead share in the proceeds from the sale of your audiobook 50-50).
- Want a higher royalty rate on sales of your audiobook? You can opt for a significantly higher ACX royalty rate by granting Audible exclusive distribution rights to your ACX-produced audiobook. If you want to keep more distribution options open … Click HERE to continue reading.