Check out this post from DE Haggerty’s blog on the downsides of the ACX royalty share scenario for the creation of audio books.
For the past two or three years, industry ‘experts’ have been pushing audiobooks. It’s the fastest growing market segment, they tell us. Although I’m interested in increasing my market share, I’ve been dragging my feet at jumping into the audiobook market. I’m not exactly jumping up and down at the idea of learning yet another segment of the market. Quiet possibly, I’m just lazy.
For those of us writers who have been sitting on the fence because of the cost of producing an audiobook, ACX offers a royalty share deal. This deal allows you to pay nothing out of pocket to have an audiobook produced! You forego upfront payment in exchange for agreeing to share your royalty earnings equally with your producer for the life of the audiobook.
Sounds like an awesome deal! Why am I still hesitating? (Besides, there just not being enough hours in the day.) There are…
View original post 367 more words