News from Bargain Book News as reported in a Goodreads Author Feedback Group discussion by Petra X:
Audible has launched ACX, the Audiobook Creation Exchange, which allows “any professionally published book, new or old, to become a professionally produced audiobook.”
The site links authors, publishers and agents with narrators and studios who work in a variety of ways: deals and contracts have several structures. Audio titles that evolve from ACX are distributed by Audible (including Amazon and iTunes) for at least seven years, either exclusively or nonexclusively. Authors can also narrate their own works.
ACX was launched in part because of “the tremendous demand for audiobooks created by the growth of the digital audiobook sector,” which is regularly the second-fastest-growing category next to e-books in the Association of American Publisher monthly sales reports.
Noting that the average Audible member listens to close to 17 audiobooks a year, Donald Katz, founder and CEO of Audible, said, “Close to 95 percent of new, professionally published books do not become audiobooks. Most authors and millions of avid listeners are disenfranchised from this important market. ACX was created to change this.”
ACX launched with more than 1,000 titles listed.
Author Neil Gaiman is using ACX to create his own line, called Neil Gaiman Presents, consisting of titles by other authors never before available in unabridged audio.