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Saturday, December 30, 2017
my bio on kindle audible; Audiobook Creation Exchange (ACX)
Want to choose the Producer of your audiobook? ACX helps you get auditions and proposals from multiple Producers and choose the right Producer for you.
Not sure whether you want to pay your Producer a flat fee or pay your Producer out of revenues received from the sale of your audiobook? ACX lets you do either. You and your Producer can agree to a Pay for Production Fee (a one-time flat fee) or a Royalty Share Deal (in which case your Producer won't earn money up front, but will instead share in the proceeds from the sale of your audiobook 50-50).
Want a higher royalty rate on sales of your audiobook? You can opt for a significantly higher ACX royalty rate by granting Audible exclusive distribution rights to your ACX-produced audiobook. If you want to keep more distribution options open, you can distribute your audiobook through ACX on a nonexclusive basis and receive the standard ACX royalty rate.
Choose your rate for narration/production on a book-by-book basis.
You can earn a flat fee for your production work for an audiobook (a Pay for Production Deal), or agree to a Royalty Share Deal with the Rights Holder and earn half the royalties from each sale of the audiobook.
Three Options For You
Here's a summary comparison of the three basic payment and distribution options currently available for audio production deals on ACX. Note that this is a summary only. See the ACX Book Posting Agreement and Production Standard Terms for actual terms that apply:
with Exclusive Distribution to Audible
OPTION 2 *
Pay For Production (Flat Fee)
with Exclusive Distribution to Audible
OPTION 3 *
Pay For Production (Flat Fee)
with Non-Exclusive Distribution Rights to Audible
Payment to Producer
Choose a Royalty Share deal or a one-time Pay for Production fee.
Royalty payments from Audible are shared equally between Rights Holder and Producer
Rights Holder pays Producer a one-time fee for production
Grant Audible exclusive or non-exclusive distribution rights. Either way is powerful— our third party distributors get audiobooks in front of buyers. The difference is this: Royalty rates are higher when distribution is left exclusively to ACX.
ACX exclusive distribution— through Audible, Amazon, and iTunes** via ACX, as well as wherever else Audible chooses. Under this model, Audible has the exclusive right to distribute the audiobook. If you choose this option, the audiobook cannot be distributed by any entity except ACX in any market or format.
ACX exclusive distribution— through Audible, Amazon, and iTunes** via ACX, as well as wherever else Audible chooses. Under this model, Audible has the exclusive right to distribute the audiobook.If you choose this option, the audiobook cannot be distributed by any entity except ACX in any market or format.
Non-exclusive distribution— through Audible, Amazon, and iTunes** via ACX, as well as wherever else Rights Holder chooses. Under this model, Rights Holder can grant distribution rights to parties other than Audible in any market or any format.
40% of retail sales split equally between Rights Holder and Producer. In other words, each gets 20% of total retail sales.
40% of retail sales paid to Rights Holder.
25% of retail sales paid to Rights Holder.
Earnings can increase with these extra payments.
ACX pays Rights Holder and Producer $50 every time the audiobook is the first audiobook purchased by an AudibleListener™ member on Audible. The $50 payment is split 50-50 between Rights Holder and Producer, amounting to $25 each. See terms.
ACX pays Rights Holder $50 every time the audiobook is among the first audiobook purchased by an AudibleListener™ member on Audible. See terms.
Royalty Payment Frequency
ACX sends a monthly statement and a check or electronic payment to US users(when there's at least $50 to be paid). Users in the UK receive electronic payments and statements monthly.
Separate payments sent to Rights Holder and to Producer (when there's at least $50 to be paid).
Payments to Rights Holder (when there's at least $50 to be paid).
Term of Audible Distribution Rights
If you're a Rights Holder who's unsure if you have the proper rights to your work, to find out more information click here.
ACX supports Worldwide and ten other distribution territory options. Learn more here.
*Note: If you're a Rights Holders with an already-finished audiobook that you want to make available for distribution through ACX—or if you want to produce your audiobook independent of ACX and then make it available for distribution through ACX—you can deliver the completed audiobook to Audible through ACX by following the instructions in the Production tab of your ACX title profile. You will still have the option of granting Audible exclusive or non-exclusive distribution rights in the completed audiobook, per the terms of columns two and three in the above chart.
**As of March 2014, Audible has five stores (US, UK, Germany, France, Australia), and iTunes has twenty-three stores (AU, AT, BE, CA, CH, DE, DK, ES, FI, FR, GB, GR, IE, IT, JP, LU, MX, NL, NO, NZ, PT, SE, US) that will sell your audiobook.
1. How much can a Rights Holder earn from ACX?
That's going to be determined by:
Whether the audiobook is being distributed exclusively through ACX or non-exclusively (ACX exclusive distribution pays a much higher royalty rate)
Whether the Producer is sharing royalties or paid a flat fee
How aggressively you market your book to help increase $50 Bounty payments
2. How much will my audiobook sell for in stores?
Each retailer of your audiobook independently prices your product and determines such price in their sole discretion. While not always the case, the regular price on Audible for the product is generally priced based on its length, as follows:
Under 1 hour: under $7
1 – 3 hours: $7 - $10
3 – 5 hours: $10 - $20
5–10 hours: $15 - $25
10–20 hours: $20 - $30
Over 20 hours: $25 - $35
To be clear, although the above represents general guidelines as retailer of audiobooks sold on Audible, Audible retains the sole discretion to set the price of the audiobooks it sells. Additionally, on Audible, consumers can buy your audiobook "a la carte" for the above price, but many Audible customers are AudibleListener™ members who can purchase the audiobook with an Audible "credit" which they get as part of their Audible membership. These credits are generally for about $15 per month. For more about AudibleListener™ membership, please check out the Audible store. Yes, AudibleListener™ members end up paying less per audiobook, but they are voracious audiobook consumers who tend to purchase over 17 audiobooks per year from Audible. This is much higher than other audiobook customers, who generally purchase just one or two books per year. Please note that we do not, and cannot, control how iTunes prices your audiobook in their store. However, no matter how they price it, you will be paid the same amount as you are for Audible "a la carte" sales (i.e. a percentage of Audible's "a la carte" price).
Furthermore, if your book is eligible for the Whispersync for Voice program, your book may be available for Kindle readers at a discounted upgrade price. The royalty you earn will be the royalty rate based on your contract times the Whispersync upgrade price. Read more about this program.
3. What's the $50 bounty payment about? Tell me more!
ACX is currently running a program that has the potential to earn ACX users even more money than just the ACX royalties.
Rights Holders who choose a Pay for Production deal on ACX receive a $50 Bounty Payment whenever one of their audiobooks is the first purchase by an AudibleListener™ member. Producers and Rights Holders who enter into Royalty Share Deal split a $50 Bounty Payment—$25 each—whenever an audiobook they produce under a Royalty Share deal is the first purchase by an AudibleListener™ member.
Tell your friends. Use your online social network to tell everyone you know and earn $100, $1,000, or even more. Your viral marketing drives how much you make. Learn more here
4. What if I make my title available on ACX for production and then change my mind?
No problem. You can remove a title you post on ACX any time before you enter into an ACX Audiobook Production Agreement with a Producer. See detailed terms in the Book Posting Agreement.