2 ms·
If the 25% cut is over three times the sales... I don't know that I agree it is bad. :( I'd feel much more comfortable talking about net profits for everyone
by taeric 4y ago
If the 25% cut is over three times the sales... I don't know that I agree it is bad. :(
I'd feel much more comfortable talking about net profits for everyone involved here. Audible got me hooked, specifically, by not expecting me to pay 40+ for a book.
- MattRix 4y agoOf course 25% is bad. The original post talks about how that compares to other digital products (games and apps) which are almost all at 70% for creators. There’s nothing special about audiobooks that can justify Audible’s percentage other than the fact that they have a near-monopoly.
- taeric 4y ago"of course" is a dangerous line of reasoning. Many things believed, in that way, are not given. Audible has pushed margins to near zero. Not just the cut to the artists, but also theirs. Before audible, if I wanted an audio book, it was easily 50 or so bucks. Nowadays, I usually pick up the audiobook for 7 or so as an add on to the book purchase. If that were to go back, I'd stop buying audiobooks. I'd wager I'm not alone in that. Yes, even $15 may be high enough to make me stop. As I've said elsewhere, I'm very interested in knowing what the net cut for artists is, through audible. If the artists could get 70% of a cut, but that causes sales to drop to 10%, suddenly it doesn't sound so good to get a larger cut. And it would be one thing if the publishing world wasn't known for artificial price inflation. But, that ship sailed a long time ago.