Audible.com Announces a Tenfold Increase in Audiobooks Produced Through the Audiobook Creation Exchange (ACX)

  Audible.com Announces a Tenfold Increase in Audiobooks Produced Through the
  Audiobook Creation Exchange (ACX)

  ACX Brings the Entrepreneurial Publishing Revolution to Digital Audiobooks

Business Wire

NEWARK, N.J. -- January 30, 2013

Audible.com, the world’s largest producer and seller of digital spoken-word
entertainment, today announced that the Audiobook Creation Exchange, the
online audiobook rights marketplace and production platform it launched in
2011, produced ten times as many audiobooks in 2012 as it did during its debut
year.

“We are thrilled that our vision for ACX has been embraced and that the system
is working,” said Jason Ojalvo, Audible VP Content Creation. “It is wonderful
to see so many authors (and actors) finding success on ACX, giving new voice
to their work and expanding their audience too. The success of the Audiobook
Creation Exchange has proven that every audio right has value, and that in
2013 there’s every reason for all authors and rights holders to make sure
their books are available in audio.”

Ojalvo added, “The prodigious output of quality audio titles from ACX in 2012
surpassed the number of titles added to the Audible store in 2012 from our top
three audio providers combined. We’re also proud of the fact that the average
star rating of ACX titles as awarded by discerning Audible listeners matches
those of leading audio publishers.”

ACX’s audiobook production platform allows authors, their agents and
publishers access to the thousands of talented actors and studio professionals
who bring books to life in audio. ACX enables online auditions and project
management systems, and features programs to help authors learn how to narrate
their own books. Rights holders can hire a narrator or producer, or create
entrepreneurial partnerships with shared royalty structures that allow
audiobooks to be produced without upfront costs. When an audiobook is created,
ACX includes instant access to Audible.com’s digital distribution platform,
and rewards authors and producers with a graduated royalty structure that can
top out at 90%. ACX also provides sales acceleration tools that publishers,
authors and narrators can use to earn special bonus royalties for sales they
help generate.

“The ACX system changed our world,” said Crossroad Press publisher David Niall
Wilson. “Thanks to ACX’s no-cost production option, we have been able to
expand our tiny audio catalog to over 150 titles.”

“I’ve heard from friends and family that audiobooks are the only way they find
time to read anymore,” said Hugh Howey, best-selling author of Wool
(forthcoming in print from Simon & Schuster). “ACX made self-publishing an
audiobook as easy and painless as Kindle does for eBooks. The quality of the
auditions I received simply blew me away.”

“ACX is the best audio publishing platform I can imagine for authors: it’s
simple, straightforward, and the royalty structure is killer,” said The
Personal MBA author Josh Kaufman, who used the ACX platform to distribute the
audiobook version. “My audiobook is one of my core products, and I love that
ACX’s structure rewards ongoing promotion.”

“I believe the ACX system is a template for success in the digital age,” said
New York Times best-selling author Bob Mayer, who has turned 27 of his books
into audiobooks using ACX. “The platform has allowed me complete control of my
audio empire. I think the ACX program is an essential ingredient in the
success of any author today.”

Among other authors who have used ACX to make or distribute audiobooks are New
York Times best-selling author Tucker Max, radio and television personality
Greg Fitzsimmons, best-selling romance writer Bella Andre, and Tracey
Garvis-Graves, whose best-selling eBook On the Island led to a two-book deal
with Penguin.

Participating rights holders on ACX from launch include Random House, Inc.,
HarperCollins Publishers, John Wiley and Sons, Inc., and Pearson Education;
participating rights holders’ representatives include Janklow & Nesbit
Associates, Writers House, and Levine Greenberg Literary Agency, Inc.

ABOUT AUDIBLE, INC.

Audible, Inc., an Amazon.com, Inc. subsidiary (NASDAQ:AMZN), is the leading
provider of premium digital spoken audio information and entertainment on the
Internet, offering customers a new way to enhance and enrich their lives every
day. Audible’s mission is to establish literate listening as a core tool for
anyone seeking to be more productive, better informed, or more thoughtfully
entertained. Audible content comprises more than 100,000 audio programs from
more than 1,800 content providers, including leading audiobook publishers,
broadcasters, entertainers, magazine and newspaper publishers, and business
information providers. Audible is also the preeminent provider of spoken-word
audio products for Apple’s iTunes® Store.

Contact:

Audible.com
Matthew Thornton, 973-820-0402
mthornton@audible.com
 
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