Audible.com is announcing a fund comprising $20 million to be paid out directly to authors (and not shared with publishers), accompanied by a set of marketing and merchandising services. In fact, the fund is a reward for enrolling in the Audible Author Services program. The company says “the honorarium is a direct payment from us to you, a way for us to reward you for promoting your work.” Any author who registers and has an audiobook available via Audible in the US or UK becomes eligible to share in the fund, which pays the author an additional $1 “honorarium” for […]
