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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Denmark’s Saga Egmont Producing Audiobooks for Irish and UK Publishers

The Copenhagen-based Saga Egmont division of Lindhard & Ringhof is making English-language audiobooks for four new partner presses. The post Denmark’s Saga Egmont Producing Audiobooks for Irish and UK Publishers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-03-02 16:19:37 UTC ]
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The UK’s Publishers Association Charts a ‘Steep Rise’ in Audiobook Sales

The United Kingdom's audiobook sales show an eye-catching 71-percent jump, January to June this year over the same period in 2019. The post The UK’s Publishers Association Charts a ‘Steep Rise’ in Audiobook Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-11-28 17:52:33 UTC ]
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This Vietnamese Publisher Is Expanding to Target 5 Million Ex-Pats in the US and Beyond

News and business digital publisher Vietcetera announced Friday a relaunch of its English-language International Edition, which aims to attract a readership of over 5 million Vietnamese ex-pats living in the U.S., Germany, France, Australia, Canada and the U.K. Based in Ho Chi Minh City,... Continue reading at AdWeek

[ AdWeek | 2021-11-24 06:00:00 UTC ]
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Spotify Gets Into the Audiobook Business

Looking to accelerate its expansion into the audiobook market, the Swedish audio streaming subscription service giant Spotify has agreed to acquire Ohio-based digital audiobook distributor Findaway for an undisclosed price. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-12 05:00:00 UTC ]
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Spotify acquires audiobook platform Findaway

Spotify could soon be home to a lot more audiobooks. The streaming service has acquired audiobook platform Findaway, the companies announced. Terms of the deal were not disclosed, but the acquisition suggests Spotify is looking to build out its own library of audiobook titles.Findaway is an... Continue reading at Engadget

[ Engadget | 2021-11-11 21:00:04 UTC ]
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Audio Publishers Association Cites 12-Percent 2020 US Audiobook Revenue Growth

In 2020, the Audio Publishers Association sales report finds more than 71,000 audiobooks were published in the US, up 39 percent over 2019. The post Audio Publishers Association Cites 12-Percent 2020 US Audiobook Revenue Growth appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-06-01 13:14:36 UTC ]
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Scribd Announces an Audiobook Production Line, Highlighting Independent Publishers

Subscription service Scribd adds audiobook titles, opening with 'Black Imagination,' to its newly launched Scribd Audio brand. The post Scribd Announces an Audiobook Production Line, Highlighting Independent Publishers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-03-09 14:00:22 UTC ]
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The Millions Top Ten: December 2020

In the final month of 2020, we retired two books to our Hall of Fame: one from a debut author and the other from a two-time veteran. The post The Millions Top Ten: December 2020 appeared first on The Millions. Continue reading at The Millions

[ The Millions | 2021-01-20 11:00:11 UTC ]
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Wiley Buys Open Access Publisher for $298 Million

John Wiley has expanded its presence in the open access field with the acquisition of Hindawi, a London-based scientific research publisher of more than 200 peer-reviewed scientific, technical, and medical journals. Wiley paid $298 million for Hindawi, which had 2020 revenue of $40 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-06 05:00:00 UTC ]
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Pandemic drives ebook and audiobook sales by UK publishers to all-time high

Printed book sales plunge in first six months of 2020 on back of shop and school closuresSee all our coronavirus coverageSales of digital books by British publishers are set to hit an all-time high this year as the public turns to reading to escape pandemic cabin fever.However, the ebook and... Continue reading at The Guardian

[ The Guardian | 2020-11-14 07:00:02 UTC ]
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Spotify Eyes Audiobooks

The music streaming giant is poised to enter the audiobook market. Here's what that means for publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-25 04:00:00 UTC ]
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Faber will publish audiobook of Sir Paul Nurse's What is Life?

Sir Paul Nurse will narrate the audio edition of his book What is Life?, to be published by Faber in September. Continue reading at The Bookseller

[ The Bookseller | 2020-08-27 14:56:38 UTC ]
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Constable claims self-publishing success Why Women Are Blamed for Everything

Constable is publishing a book this summer exploring the reasons why women are blamed for male violence. Continue reading at The Bookseller

[ The Bookseller | 2020-07-20 01:16:35 UTC ]
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$3.5 Million in Grants Available for Nonprofit Publishers, Lit Orgs

The Andrew W. Mellon Foundation has provided $3.5 million to support the establishment of the Literary Arts Emergency Fund, which will support nonprofit literary publishers and organizations with $5,000-$50,000 emergency grants. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-17 04:00:00 UTC ]
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Ten Speed to Publish Graphic History of Black Panther Party

Best known for his work on such Black superhero series as Luke Cage, Cyborg and Naomi, comics writer David Walker is teaming with artist Marcus Kwame Anderson to produce 'The Black Panther Party: A Graphic History', which will be published by Ten Speed Press in January 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-29 04:00:00 UTC ]
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Confirmed: Audiobooks are the brightest place in publishing right now.

Remember March? You know, a million years ago? During the month in which most places in the US began to shut down and enforce social distancing, book sales, unsurprisingly, suffered, with one notable exception: audiobooks. The Association of American Publishers released its sales numbers for... Continue reading at Literrary Hub

[ Literrary Hub | 2020-05-19 17:45:32 UTC ]
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Publishers defend American Dirt as claims of cultural appropriation grow

Jeanine Cummins’s novel, acclaimed by Oprah Winfrey, Stephen King and others, also faces scathing criticism from Latinx writersJeanine Cummins’s British publisher, Headline, is standing shoulder to shoulder with the American press that published her divisive thriller, declaring that it is proud... Continue reading at The Guardian

[ The Guardian | 2020-01-24 14:53:36 UTC ]
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Audible settles copyright lawsuit with publishers over audiobook captions

Seven publishers had sued the audiobook giant last July, claiming that its audio-to-text service Captions was unauthorisedAfter months of back and forth, Audible has settled in a copyright lawsuit with major publishers over its plan to introduce captions to their recordings, a proposal that the... Continue reading at The Guardian

[ The Guardian | 2020-01-15 14:00:06 UTC ]
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Exclusive: TEN Publishing Is Shuttering 19 Car Magazines

TEN Publishing will shutter 19 of its 22 automotive print magazines by the end of the year, leaving MotorTrend, Hot Rod and Four Wheeler as the only three titles that will continue to be published in a physical format in 2020. According to a memo sent to staffers at MotorTrend Group Friday... Continue reading at Folio Magazine

[ Folio Magazine | 2019-12-06 14:31:12 UTC ]
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