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 ]
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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 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 ]
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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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Audiobooks Are Booming. Spotify Wants in on the Action.

There are early signs that Spotify’s addition of audiobooks to its streaming service is helping drive audiobook consumption — already a growing market. Continue reading at The New York Times

[ The New York Times | 2024-01-29 17:00:09 UTC ]
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RBmedia Acquires Berrett-Koehler's Audiobook Publishing Business

Audiobook publisher RBmedia has acquired Berrett-Koehler’s audiobook publishing business, including its backlist, and will publish audiobook editions of new Berrett-Koehler titles under its business audiobook brand, Ascent Audio, beginning this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-29 05:00:00 UTC ]
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Spotify subscribers in the US now get 15 hours of audiobooks every month

In addition to music and podcasts, Spotify has recently been working to cement its presence in the audiobook space. Today, the company announced Premium users in the US will be able to stream 15 hours of free audiobook content monthly as a part of their subscription.... Continue reading at Engadget

[ Engadget | 2023-11-08 19:20:00 UTC ]
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Spotify’s Streaming Audiobook Service Launches in the U.S.

A little over a month after launching in the U.K. and Australia, Spotify's new streaming audiobook service is now available the U.S., meaning that tens of millions of Spotify premium subscribers now have access to a catalog of more than 200,000 audiobook titles—including titles from all the Big... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-08 05:00:00 UTC ]
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Kindle Direct Publishing Will Beta Test Virtual Voice–Narrated Audiobooks

Amazon's self-publishing arm has begun a beta test on technology allowing KDP authors to produce audiobook versions of their e-books using virtual voice narration. The audiobooks will be available wherever Audible titles are sold. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-01 04:00:00 UTC ]
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Spotify’s new audiobook streaming could have ‘devastating effect’, says Society of Authors

The industry body says the music giant’s move to make more than 150,000 titles available has not been discussed with authors and may compete with salesThe Society of Authors (SoA) has said it is “deeply concerned” about Spotify’s new audiobook provision. The industry body cited “the devastating... Continue reading at The Guardian

[ The Guardian | 2023-10-11 15:40:05 UTC ]
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Spotify CEO Daniel Ek explains the company’s new audiobook subscription plan

Ek blames Apple for holding back his company’s first foray into audiobooks and confirms his company is in talks with Google about in-app purchases. Spotify is doubling down on audiobooks: Paying subscribers of the music service will now have access to up to 15 hours of audiobook listening as... Continue reading at Fast Company

[ Fast Company | 2023-10-03 16:30:00 UTC ]
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