Amazon is at it again. Great for consumers! Terrible royalties for authors. They are launching a new “unlimited subscription.”
No doubt this is going to push up the price of production for audiobooks for everyone, while Amazon pockets more money. I should attempt to get a piece of the pie and buy a few shares of their stock. However, it’s priced at $3,307 for one share as of the close of the market today. Oh, well. If we’d only known how far Amazon would reach to the sky, we could have all retired having purchased stock when it was $18 a share. Who knew?
Anyway, check it out! Follow the link below. You can listen to more books every month if you’re tired of screens and paper for a mere $7.95.
A Glimpse Behind the Veil for Readers
Oh, by the way, the most expensive audiobook that I commissioned cost me $3,000 to produce using a talented narrator who charged $300 per finished hour. That price includes narration for seven-plus hours (for a book approximately 70,000+ words), studio production, and final audio uploaded to Audible. Hmm, do you think I made the investment back? No. Audiobooks are an expensive side for many independent authors. Not all of my books are on audio, only a few, and my return has been minimal.
Source: Audible Cheaper Plan Announced