Thanks to several decisions by Amazon (who owns Audible), until future notice, there will be no more audiobooks produced. We’re sorry, but the current terms Amazon has opted to implement means readers/listeners can, without penalty, return audiobooks at their whim without the author being paid.
In fact, we’re charged the amount of the royalty we should have been paid.
As such, it’s no longer fiscally feasible to produce audiobooks. The female’s listener base is insufficient to pay the base bills as it is, although the audiobooks were being produced for those who prefer to listen to their books for any reason.
Keeping audiobooks in production was already happening at a loss, and the female is already beginning to see the impact of these changes Amazon has made.
As such, the fiscal situation has gone from ‘borderline’ to ‘unsustainable.’
Until Amazon changes their rules, the following audiobooks will be the last produced:
Water Witch (Status: headed to retail.)
Water Viper (Status: headed to retail.)
Booked for Murder (Status: in production.)
A Chip on Her Shoulder (Status: in production.)
ACX, which is the publishing platform for Audible, has also been unable to push books through to retail in a timely fashion.
Water Viper and Water Witch have been in ACX’s hands for publication (audio review, headed to retail) for 2+ months.
We’re sorry for having to make this decision, but with the encouraging of reviews and the recanting of royalties, it is no longer possible to continue audiobooks.
Should ACX change their stance and remove the royalty penalties for authors or stop encouraging listeners to return/exchange at penalties to the author, then audiobooks will be revisited.
We know this is disappointing news, but this sort of abuse of creators needs to stop–and that means no longer allowing Amazon to profit.
As it is, the female only receives a 25% royalty of the title on most of my audiobooks… and for the titles she is in a royalty share agreement, she only receives 20% royalty, while the producer receives 20%.
What can you do? Good question, because the only way Amazon will likely listen or care is if they lose a lot of income from audiobooks… and we just don’t see readers complaining about something that benefits them and makes their services look so appealing.
~The Furred & Frond Management