If you thought Big Tech’s dreadful year of layoffs would be confined to 2023, you’re (sadly) mistaken. Audible laid off around five percent of its employees on Thursday, which Variety reports is “just over 100 staffers.” The cuts in the audiobook division are part of parent company Amazon’s most recent round of layoffs, also affecting Prime Video, MGM, and Twitch. “We did not take this route without considerable thought,” Audible CEO Bob Carrigan reportedly said in an audio memo delivered to staff. “But getting leaner and more efficient is the way we will need to operate now — and in the foreseeable future — in order to continue delivering best-in-class audio storytelling to our customers around the world.” For those keeping score, “leaner and more efficient” echoes the language in numerous recent Big Tech layoff announcements. Variations of “In these uncertain times...” have also been popular. Carrigan ironically began by talking about Audible's strong performance last year. “I want to acknowledge the strong year we had in 2023, in which we delivered amazing listening experiences for our customers thanks to outstanding collaboration with creators and partners,” he reportedly said. “Our business is in good shape, and that is because of the hard work of each and every one of you.” The CEO extolled how much the company values its workers. “A big part of what makes working at Audible so special is our many talented and dedicated employees who bring their passion to work each... Continue reading at 'Engadget'
[ Engadget | 2024-01-11 22:00:11 UTC ]
HarperCollins eked out only a small profit in its latest quarter, with a 14% increase in digital audiobook sales insufficient in offsetting softer sales to Walmart and Costco and slowing sales of romance books and children's books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-05-09 04:00:00 UTC ]
More news stories like this
Audiobooks are fast becoming ‘a major route to market for consumers of books’, the trade body saysThe number of UK audiobook downloads increased by 17% between 2022 and 2023, according to new data from the Publishers Association (PA).Revenue from audiobooks rose 24% across the same period to... Continue reading at The Guardian
[ The Guardian | 2024-05-07 15:28:43 UTC ]
More news stories like this
Audible is testing a cheaper subscription tier in Australia that sounds like an answer to Spotify’s audiobook push. Like the more expensive plan, the new Standard membership gives you one free title per month. But, similar to gaming services like PlayStation Plus, you lose access to the books... Continue reading at Engadget
[ Engadget | 2024-05-02 19:13:47 UTC ]
More news stories like this
Audio platform Spotify made its first appearance at NewFronts week on Wednesday evening, part of a larger bid from the streaming platform to attract advertising to its growing inventory of digital video. While Spotify remains predominantly a music, podcast and audiobook... Continue reading at AdWeek
[ AdWeek | 2024-05-01 21:11:08 UTC ]
More news stories like this
According to data released by Spotify, users aged 18-34 make up 57% of the platform's audiobook listeners, while television adaptations such as 'Shōgun' and 'The Talented Mr. Ripley' have prompted a surge in demand for specific titles. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-04-19 04:00:00 UTC ]
More news stories like this
As I was preparing to record the audiobook version of my forthcoming memoir, Other People’s Words, I had some questions: What do five exclamation points in a row sound like? Four question marks? Strings and strings of periods? My publisher, Spiegel and Grau, had booked three marathon recording... Continue reading at Literrary Hub
[ Literrary Hub | 2024-04-16 08:54:15 UTC ]
More news stories like this
Ebook and digital audiobook use by kindergarten through 12th grade students has exploded in popularity, up 20% since 2022, 286% since 2019. Continue reading at Book Riot
[ Book Riot | 2024-04-03 14:54:32 UTC ]
More news stories like this
Fish swim, birds fly and streaming services increase their prices. That’s (mostly) the way of things. After maintaining the same pricing for Premium for a long time, Spotify looks set to increase it twice within a year in some countries. According to Bloomberg, Spotify Premium will be around $1... Continue reading at Engadget
[ Engadget | 2024-04-03 14:30:13 UTC ]
More news stories like this
As Bologna Book Plus prepares to stage its first Audio Forum, Spotify's audiobook catalogue jumps from 200,000 t0 250,000 titles. The post Spotify Expands Its Premium Audiobooks Offer: Canada, Ireland, New Zealand appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-04-02 20:34:05 UTC ]
More news stories like this
Spotify Premium users in Canada, Ireland and New Zealand will have access to 15 hours of monthly audiobook listening at no extra cost starting on April 9. Subscribers in the US, UK and Australia have had access to this perk for several months. The Premium audiobook catalog now includes more than... Continue reading at Engadget
[ Engadget | 2024-04-02 18:24:44 UTC ]
More news stories like this
OpenAI just announced that it recently conducted a small-scale preview of a new tool called Voice Engine. This is a voice cloning technology that can mimic any speaker by analyzing a 15-second audio sample. The company says it generates “natural-sounding speech” with “emotive and realistic... Continue reading at Engadget
[ Engadget | 2024-03-29 19:03:56 UTC ]
More news stories like this
'One hour of listening to an audiobook on Storytel emits 2.3 grams of CO2e,' the Swedish subscription streamer today reports. The post Storytel’s 2023 Report: The Sound of Sustainability appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-03-28 21:37:15 UTC ]
More news stories like this
Qualcomm is said to have new Arm-based laptops of its own in the pipeline, while consumer versions of the new Surface Pro 10 and Surface Laptop 6 that run on the Snapdragon X Elite chipset are believed to be on the way. While that in the past would have meant the makers of x86- and x64-based... Continue reading at Engadget
[ Engadget | 2024-03-22 15:25:41 UTC ]
More news stories like this
A shift of focus on libraries to retail channels and an aggressive acquisition of new titles—including, recently, works by John LeCarré and Jon Fosse—led to nearly $30 million in revenue in 2023, a 39% jump for the Ohio-based audiobook publisher. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-03-21 04:00:00 UTC ]
More news stories like this
There’s nothing quite like getting into the zone during a run, and for many of us, the right soundtrack is a requirement. Whether you need classic rock, reggaeton or an immersive audiobook to properly settle into your morning jog, you’ll get the best listening experience with a good pair of... Continue reading at Engadget
[ Engadget | 2024-03-20 12:00:44 UTC ]
More news stories like this
When it came time for debut author Brent Underwood to record the audiobook for his book 'Ghost Town Living,' about the California mining town he calls home, he decided to build a makeshift studio in the long-abandoned silver mine at the heart of his story. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-03-14 04:00:00 UTC ]
More news stories like this
Amid growing opportunities for audio development, Bookwire’s look at the French market included challenges, as well. (Sponsored) By Eric Dupuy | @duperico ‘A Dynamism for Audio’ hen the Frankfurt-based Bookwire presented its second digital program on the audiobook market in France on Thursday... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-03-11 09:35:37 UTC ]
More news stories like this
Brandon Sanderson gets Audible to make changes to audiobook royalties, and nine other of the top book-related stories of the day. Continue reading at Book Riot
[ Book Riot | 2024-03-06 23:48:49 UTC ]
More news stories like this
At the 29th annual Audies, presented by the Audio Publishers Association and held in Los Angeles on March 4, winners across 27 categories were announced. The night's biggest honor, Audiobook of the Year, went to 'Surrender,' written and narrated by Bono. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-03-04 05:00:00 UTC ]
More news stories like this
Spotify's... interesting pricing plans, it "It" books of March, and more of the day's bookish news: Continue reading at Book Riot
[ Book Riot | 2024-03-01 21:43:16 UTC ]
More news stories like this