Amazon/Audible has changed its royalty structure to supposedly pay authors more, but as usual they are lying. The new structure will actually drastically cut the amount most authors are paid for audiobooks. I recommend people stop using Audible and get audiobooks from stores that pay authors and narrators fairly or buy directly from authors.

From the article posted below:

Reality: Previously, premium books earned $8-12 in royalties while streaming books earned $0. Now ALL books earn $1-3 in royalties because premium revenue subsidizes the streaming pool.

The Deceptive Logic: Audible presents this as: "You used to make $0 from streaming, now you make $1.50! That's infinite improvement!" while hiding: "Your premium sales that used to make $10 now also make $1.50, destroying 85% of your income."

Article about the changes:
https://www.royalroad.com/forums/thread/155349

YouTube explanation from scifi and fantasy creator Daniel Green.
https://youtu.be/9H0ivgubPtI

#Amazon #Audible #Audiobooks #Techbros #BillionnairesSuck

The Audible Situation Got Much Worse

Audible made headlines by announcing a 50% royalty rate for audiobooks — and at first glance, it sounds like a massive win for authors. But this new Audible ...

^YouTube