When I was at NINC last year in Florida, I was telling my mailing list that all the exciting developments in audio are coming from outside Amazon right now, from people like Findaway, Kobo, Chirp/BookBub, and various companies serving the library market.
This is a most welcome development because it also feels like many of the moves (Amazon-owned) Audible has been making lately have been quite negative: the royalty cut, the new subscription service and its low pay rates, and Amazon’s controversial and brazen move to start captioning audiobooks without compensating publishers and authors – which resulted in an immediate lawsuit from the Big 5.
Those large publishers have themselves been making no friends with libraries recently, offering ever-worsening terms for audiobooks, to match those for ebooks. Which is an opportunity for indies, of course, especially those using companies like Findaway to better serve that market.
But what really excites me is the dynamic in audiobook publishing that is the complete opposite of that which upended the ebook market.