Spotify’s recent acquisition of Findaway gives authors, particularly those who publish independently, the potential to reach a greater audience for their audiobooks. As of now, Spotify has indicated that it will focus on à la carte audiobook sales as opposed to an exclusive subscription model, as it uses for music and podcasts. However, any move towards implementing a subscription service could result in much lower royalties for authors...
A 10-hour audiobook could take about 60 hours or more to produce with recording, proofing, and mastering, meaning authors should expect to shell out a minimum of $3,000 to $4,000 for the completed product...
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