Sound Off: What’s New in the Audio Market
Audiobooks continue to be a major bright spot for the industry. According to Audio Publishers Association, in 2022 alone, publishers’ audiobook revenue grew a whopping 10% to $1.8 billion. Here, PW takes a look at the publishers, platforms, and production companies bringing you the best in audiobooks this season. (Sponsored) more...and more.
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ElevenReader Launches Direct Sales for AI-Generated Audiobooks
AI company ElevenLabs has launched sales through ElevenReader platform, offering authors and publishers a 60% royalty rate on net sales for AI-generated audiobooks, without exclusivity requirements.
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Audible Sets Its Sights on Mexico, Spanish-Language Expansion
At an event in Mexico City earlier this month, the audiobook platform showcased its growing Spanish-language catalog, with an emphasis on original productions in collaboration with local authors and narrators.
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Spotify Promotes Audiobooks as Summertime ‘Bangers’
Spotify’s “Read Like You Listen” summer marketing campaign riffs on typical music promotions to encourage people to listen to a audiobooks as they would music.
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Audiobook Walking Clubs Take Reading Outside
Bookstagram entrepreneurs, independent bookstores, and Libro.fm are turning reading into an outdoor social opportunity with walking clubs for audiobook lovers.
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Spotify Expands Audiobook Add-On Service to 11 Markets
Spotify has launched Audiobooks+, a subscription add-on service that allows Premium users to pay for 15 additional listening hours. Members on Premium Family and Duo plans can now also access audiobook content. Neither service is available yet in the U.S.
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PW Spotlight: OverDrive on Scaling for Profit & Impact
Why the 'Science of Reading' is a strategic opportunity for publishers to drive growth for the future of bookselling.
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‘AudioFile’ Magazine Announces 2025 Golden Voice Award Winners
AudioFile has named the three winners of its annual Golden Voice awards, which honors voice actors who have made significant contributions to audiobook publishing. The recipients are Hillary Huber, Vikas Adam, and Kimberly Farr.
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Audiobook Sales Rose 13% in 2024, to $2.2 Billion
The Audio Publishers Association’s annual report of sales of the format found that consumer interest in audiobooks remains strong, though an increase in piracy is cause for concern.
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PW Studio: Spotlight on ElevenLabs
Voice-driven: how one AI company makes audio content sound so real. (Sponsored)
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Spotlight on Audible: Tech Advances and Busy Lives Fuel the Platform's Surge
In a time-crunched world, it’s no surprise that audio is the fastest-growing format in the publishing industry. (Sponsored)
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