A look at the growing market for self-published audiobooks.
By Ryan Joe in BookLife (6/27/16) – For the second consecutive year, sales of audiobooks grew around 20% in 2015, totaling about $1.77 billion, according to the Audio Publishers Association (APA). The boom is due to the explosion of digital audio, which has made audiobooks more accessible.
Self-published audio has also taken off, with the maturation of Audible’s Audiobook Creation Exchange (ACX) and the rise of institutions catering to authors who want to self-publish their audiobooks. For instance, the Deyan Institute, which opened in 2014, offers training for audiobook performers. And Author’s Republic, owned by Audiobooks.com, launched last November to help self-published audiobook creators distribute their work.
“In five short years, ACX has literally turned the audiobook industry on its ear by making audiobook production available to those who may never have considered it,” said Audible’s EVP and publisher, Beth Anderson. “Thousands of publishers and authors have introduced their works in a new format, and thousands of narrators and producers have accepted gigs to make 58,000 audiobooks.”
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