So pity the PRH authors who missed out on a share of BookBeat’s accumulative royalty payout of SEK 3.5 billion ($320 million) to participating publishers and authors.
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Imagine for one moment if, somehow, the Bertelsmann buy-out of Simon & Schuster had been successful and the ever-tuxedoed Count Dohle was still emerging from the grave each night to dictate PRH policy. There would have been no Spotify deal and no unprecedented surge in the fortunes of the audiobook industry.
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The kingmaker will be the big publishers, but it will be consumers that that will be the kingmakers’ kingmaker – TNPS 2020.
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AI narration of audiobooks, while understandably initially perceived as a threat, can actually offer several benefits to human narrators, if they are willing to embrace the opportunity unfolding.
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There is no “free” involved. You pay money and then get a choice of content and...
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On the bright side, there is no indication that AI is to blame, so the rest of the infotainment industry need lose no sleep conjuring up righteous indignation over the news.
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The global market of smartphone-owning non-readers potentially dwarfs the traditional...
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If this worrying imbalance between rising revenues and falling profits is also a feature at...
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Here’s the thing: Publishers have for decades allowed Amazon to so dominate the market that...
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Self-fulfilling prophecies are the new black in publishing. You may have heard the one about...
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The prospect of Amazon following its music route becomes all the stronger as Jassy runs out of...
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“18 to 24-year-olds were found to be more likely to use non-Amazon retailers compared to...
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