Why is Audible com subscription so expensive?

The reason is that in addition to standard credit token sales, Audible also sells standard audiobooks at regular prices, available to purchase whether you’re subscribed to monthly credits or not. And just like any other conventional retailer, Audible often has sales on its standard, non-credit prices.

Do authors make money from Audible?

Audible never pays authors the stated “royalty” rate. Instead, they base the “royalty” on “Net Sales,” a number so heavily manipulated by Audible, that these “Net Sales” adjustments amount to a 50\% deduction from the retail selling price.

Are Audible books cheaper with Amazon Prime?

While Audible is not free with your Prime membership, it can be much cheaper. Prime members signing up for Audible for the first time can get a month free (or other promotional discounts, as depicted below, subject to change and prior membership status), but after that you have to pay $14.95 per month.

Why do audiobooks cost so much?

Well, the basic reason why audiobooks are so expensive is attributed to their production cost, which is often very high. On an average, the ‘cost per finished hour’ of an audiobook is about $300 to $400. This can increase the ‘cost per finished hour’ of the audiobook to as high as $1500 or even more.

How much does Audible make for Amazon?

Amazon is paying authors $1 for every audiobook they sell if they sign up to its Audible Author Services—but publishers will not get a… Amazon is paying authors $1 for every audiobook they sell if they sign up to its Audible Author Services—but publishers will not get a slice of the pie.

Does Amazon own Audible books?

Audible is an Amazon subsidiary and the exclusive supplier of digital audiobooks for Amazon. With Audible, you can purchase a digital audiobook and listen to it on a compatible Fire tablet, Kindle e-reader, Kindle reading app, or Audible app.

Why is Audible so hard to cancel?

Reasons for Cancelling an Audible Subscription The Audible monthly subscription is too high for the single monthly credit. You dislike Audible’s recommendation system as it does not surface the titles you need. The reason for using the app has changed: For instance, you drove a lot earlier and now you don’t.

How does audible control the price of their books?

The amount charged is based on the contracts they have with the publishers, so for the most part the publishers control the prices of the books, although Audible definitely adjusts the prices for whatever margin they need to make a profit. I’m pretty sure they adjust some prices up and some down.

Does audible pay authors the royalty rate?

Audible never pays authors the stated “royalty” rate. Instead, they base the “royalty” on “Net Sales,” a number so heavily manipulated by Audible, that these “Net Sales” adjustments amount to a 50\% deduction from the retail selling price. This is the figure upon which authors’ share of the sale is calculated. Not retail price.

Why are audio books so expensive?

After much reflection, it seems that audio books are “expensive” (as compared to movies and music) for the following reasons: Audio books have no secondary market, as do movies. Audio books have low sales volumes as compared to movies and music. Royalties to the publisher and author (mentioned by Tussenbrook).

What is the most profitable category to sell on Audible?

The sales in this “royalty” category have dramatically increased percentage wise vs. the a la carte direct sales to non-members, and ALOP (sales to members not using a credit) categories over the last year. AL is the most profitable category for Audible, and the easiest to manipulate. The AL category now forms the bulk of rights holder earnings.