Audiobooks and Spotify

Well this is…horrifying? I think this is horrifying.

Spotify is going to offer audiobooks? This is nice.

Spotify is only going to pay authors the full royalty if someone listens to the entire book? This is…alarming.

Royalties are small enough already. Not everyone knows that an author typically gets 10% of the price of a hardcover book and 6% of a paperback. (If we’re talking about a picture book, those royalties are split between author and illustrator.) But at least you get that entire amount even if somebody only reads a chapter or two.

Maybe this will be a delightful way to open up a huge new market and get lots and lots of new listeners…but I don’t feel I can be blamed for being skittish. It just seems like a way to whittle down the already small share of profit that goes to people who build up the creative work that allows platforms like Spotify to profit. (Except apparently they’ve yet to turn a profit? This also alarms me.)