Audiobooks.com is getting into the self-publishing business.
Aiming to be what Smashwords is to audiobooks, the site has created a audiobook distribution service called ‘Author’s Republic’ which will allow self-published authors to sell sell audiobooks through more than a dozen distributors and retailers.
Author’s Republic will submit titles to Audiobooks.com, Audible, iTunes, Amazon, Barnes & Noble, Scribd, Downpour, and tunein, as well as library providers such as Findaway and Overdrive. Most of these platforms will pay authors an average of 35 percent royalty on what their titles are sold for. iTunes and Amazon will pay a 25 percent royalty.
“With the explosion in self-publishing and the simultaneous growth in the audiobook industry, getting the right tools in place will help both industries grow together,” stated Sanjay Singhal, Audiobooks.com CEO. “ACX is doing some great work, but there are a lot of issues there that our service was built to address.”