revenue is a much simpler prospect than it is on Audible. Otherwise, Audible will automatically renew the contract for an additional year. If you sign the exclusive contract, you won’t be able to sell your audiobook on any other platforms for at least seven years.Īt the end of your seven-year period, you’ll need to notify Audible at least 60 days before the contract ends to opt out. All contracts with ACX are for seven years. Non-exclusive contracts are not available through Royalty Share. Audible will take 60 percent of exclusive books, your narrator will take 20 percent, and you’ll get the remaining 20 percent. If you’ve used the Royalty Share option to get your book produced, then you’ll split the 40 percent royalties in half. While there used to be an escalator clause that allowed you to earn up to 90 percent per audiobook depending on your number of sales, Audible discontinued the payment structure in 2014. You must choose to be exclusive to Audible for seven years to get the 40 percent royalty, which drops to 25 percent if you go non-exclusive. Audible will receive 60 percent of each sale, while you collect 40 percent. If you selected Pay for Production by paying up front for your book, then you’ll have a 60/40 royalty split.
Here are five things you need to know about your ACX earnings:Īs we’ve previously mentioned, there are different potential royalty splits depending on how you created your audiobook. Since your book can have as few as seven different prices without considering occasional sales, it’s worth taking a deeper look at what your royalty statement can entail. When you get your monthly royalty statement, there are a few things you need to be aware of to fully understand what types of new readers have picked up your audiobook. Unlike Amazon’s KDP dashboard, you can’t track your sales in real time.
Once you’ve gone through the entire audition and production process, and if you have your marketing plan set up for success, you’ll start to see some purchases come in.
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