This isn’t precisely a happy post, although the female is very, very happy she made #141 on USA Today for Whatever for Hire. See?
She’s very excited and happy over this.
But, she’s got something severely bothering her, so it’s time to talk about it.
After the current contracted Audiobooks are done, she’s taking a break from them for a while. Simply put, they have approximately $20,000 in debt to earn back.
She can’t just keep adding to their debt, which is exactly what she did this week with Water Viper. And she’ll do again with Water Witch. Both are very long and will run her $4,000+ to produce.
Yeah. Her $20,000 in debt was before those two audiobooks were contracted. So it’s actually $22,500 after we account for this month’s royalty check.
Her current royalty rate for aux titles is approximately $2.40 per title. She can’t just continue adding to debt for eternity.
As such, she is making the decision that there will be no more audiobooks for a while after the following contracted Audiobook titles are released:
- Water Witch
- Water Viper
- Grave Humor
- Double Trouble
- The Run Around
- Cold Flame
- Blood Bound (on route to retail.)
If it isn’t on this list, it’s not being produced until that $22,500 of debt is more like $0.00 in debt.
We’re sorry, but we can’t continue carrying this debt. It’s just too much. Once the books earn back, we’ll resume audiobook editions on the most popular titles.
We expect, at current earning rates, for this to to take ten to twelve months.
Thank you for your understanding, and we are sorry… we just can’t afford to continue a losing proposition. It’s too much of a financial burden.