Audible offering authors an extra $1 per download

[Synamon]

Audible announced a new program, Audible Author Services, at the London Book Fair’s Digital Minds Conference today. To encourage authors list their audiobooks with Audible and use social media to promote them, a $20,000,000 fund is being created that will pay authors an honorarium of $1 per sale.

As you may have imagined, Audible is not just doing this out of the good of its heart. CEO Donald Katz tells the Guardian, “The fact is people buy a Neil Gaiman, not a HarperCollins or a Simon & Schuster, so it is for us to connect with the writers and hopefully wake them up to what they can do. If it works it can become a channel of membership and sales.”

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