Spotify claims to have paid audiobook publishers ‘tens of millions’ in royalties

The streaming company says its payout model is competitive, but the Society of Authors has raised doubts about whether authors ultimately benefit Spotify has said that it has paid audiobook publishers “tens of millions” since allowing users 15 hours of audiobook listening in its Premium subscription package last autumn.The company said that the figure, reported by trade magazine the Bookseller, is “100% royalties” and that it expects to “continue growing” royalty payouts in future. It would not give a more precise amount for payouts made so far, but said that the “tens of millions” figure applies in both pounds and dollars. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2024-02-01 16:08:34 UTC ]
News tagged with: #streaming company #100% royalties #spotify claims #payout model #raised doubts #audiobook listening #trade magazine #precise amount #payouts made #audiobook

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Spotify claims to have paid audiobook publishers ‘tens of millions’ in royalties

The streaming company says its payout model is competitive, but the Society of Authors has raised doubts about whether authors ultimately benefit Spotify has said that it has paid audiobook publishers “tens of millions” since allowing users 15 hours of audiobook listening in its Premium... Continue reading at The Guardian

[ The Guardian | 2024-02-01 16:08:34 UTC ]
More news stories like this | News stories tagged with: #audiobook listening #trade magazine #audiobook


Spotify Adds 1,000 Audiobooks from 100 Publishers Distributed by Ingram

Spotify will now offer more than 1,000 audiobooks from some 100 publishers distributed by Ingram Content Group, including Europa Editions, Milkweed Editions, G&D Media, Bard Press, and New Society Publishers, among others. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-26 04:00:00 UTC ]
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Spotify’s new audiobook bundle may reduce music royalties and shortchange authors | Millicent Weber for the Conversation

Music artists say the bundle is ‘cheating’ the royalties system while authors have concerns about how streaming will affect how they’re paid and rights over their workAudio streaming giant Spotify, one of the world’s largest audio platforms, entered the audiobook market last October, offering... Continue reading at The Guardian

[ The Guardian | 2024-07-02 03:23:25 UTC ]
More news stories like this | News stories tagged with: #audiobook #free morning #guardian australia #deceiving consumers #increase profits #audiobook market


Spotify agrees to pay millions for unmatched royalties

Spotify has come an agreement with NMPA (National Music Publishers Association) over unpaid royalties for music on the streaming service that didn't have copyright owner information. According to The Verge, the company will pay $21 million. Continue reading at Engadget

[ Engadget | 2016-03-18 00:00:00 UTC ]
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Newsonomics: Could a Small Google Tech Change Mean Tens of Millions to News Publishers?

The late April news was impressive and divisive: Google would spend €150 million on a new Digital News Initiative (DNI) partnership with European news publishers (“Google to launch $150 million partnership with publishers&rdquo ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-06-19 00:00:00 UTC ]
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Audible Lowers Royalty on Self-Published Audiobooks

Amazon-owned audiobook retailer Audible is lowering the royalty rates it pays authors who self-publish, and exclusively sell, their audiobooks through the website. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-28 00:00:00 UTC ]
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Spotify’s Basic plan returns to $11 a month by cutting audiobooks

Spotify has a new plan for US subscribers that keeps you on the old $11 monthly pricing — as long as you don’t mind ditching audiobooks. The new Basic tier includes the music and podcast content you get from Premium but without 15 hours of audiobook access, a recently added feature we suspect... Continue reading at Engadget

[ Engadget | 2024-06-21 18:36:40 UTC ]
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Survey Finds Spotify Audiobooks Popular, but Compensation Questions Remain

As part of its efforts to force Spotify to be more transparent about how it pays authors, the Coalition of Concerned Creators commissioned a survey to discover how audiobook listeners felt about the service. It found mixed results. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-03 04:00:00 UTC ]
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UK audiobook downloads up 17% last year, Publishers Association data shows

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 ]
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Spotify Audiobooks Draw Younger Listeners, Get Bump from TV Adaptations

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 ]
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Spotify Expands Its Premium Audiobooks Offer: Canada, Ireland, New Zealand

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 ]
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Emirates Publishers Association Issues 10-Million-Dirham Fund

Reaching its 15th anniversary, the Emirates Publishers Association opens a 10-million-dirham fund that includes a business incubator. The post Emirates Publishers Association Issues 10-Million-Dirham Fund appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-04-02 13:37:26 UTC ]
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Spotify Already Messing Around With Audiobook Pricing

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 | News stories tagged with: #audiobook


Spotify rolls out an audiobook-only subscription

Spotify has added another subscription option. This time around, it's offering a plan that has little to do with music. The Audiobooks Access Tier (which is US-only for now) offers 15 hours of audiobook listening each month for $10. You'll have access to Spotify's library of more than 200,000... Continue reading at Engadget

[ Engadget | 2024-03-01 18:08:29 UTC ]
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Spotify Launches $9.99 Audiobook Subscription Tier

Spotify has added a new option that gives users 15 hours to listen to audiobooks for $9.99—a dollar less than a Premium subscription, which offers the same 15 hours per month, plus ad-free music, for $10.99. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-01 05:00:00 UTC ]
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