I’ve been working with the Audiblegate team for nearly a year now, and I’ve been shocked by the information we’ve discovered about Audible’s monopoly and how other companies are attempting to compete in an industry where it’s hard to get a break because of Audible’s stranglehold.
Authors are seeking alternatives to ACX/Audible because of the Audible returns fiasco. I’ve wondered which audio publishing companies would realize our ire was an opportunity. Which companies would try and scoop up authors who were stalling or stopping independent audiobook production?
The most prominent player to step up and show their cards is Scribd.
Now Scribd are upping the ante!
Scribd are aggressively acquiring rights from authors who they hope are clueless about the value of their rights – and the value of the Audiobook industry. The audiobook industry is booming and audiobook rights are gold! I can assure you that we will see more companies begin to aggressively acquire audiobook rights – for incredibly tiny payments to authors.