What are audiobook royalties and how do they work?

What are audiobook royalties and how do they work?

Audiobook royalties are payments authors receive for the sale of their audiobooks. They typically range from 25% to 50% of the sale price.

How are these royalties calculated?

Royalties are usually calculated based on the sales price of the audiobook and the agreement between the author and the publisher or distributor.

Are there different types of royalties for audiobooks?

Yes, there are different types, including performance royalties for narrators and mechanical royalties for the production.

What factors can affect the royalty rate?

Factors include the distribution platform, the author's negotiation skills, and whether the audiobook is exclusive to a certain retailer.

Can self-published authors earn more from audiobooks?

Yes, self-published authors often retain a higher percentage of royalties compared to those published through traditional publishers.