The current ACX royalties and $25 Bounty program will be changing. Effective for projects started on or after March 12, 2014, titles distributed exclusively to Audible, Amazon, and iTunes will earn a non-escalating 40% royalty paid to the Rights Holder (or, on Royalty Share deals, split equally between the Rights Holder and the Producer). Non-exclusively distributed books will earn a non-escalating 25% royalty through Audible, Amazon, and iTunes.
Further, a bounty of $50 will be awarded to the royalty earner every time your book is the first purchase of a new AudibleListener™. Under the previous program, a $25 bounty was awarded every time your book was one of the first three purchases by a new AudibleListener. In Royalty Share deals, the Rights Holder and Producer will now split the $50 bounty equally.
Read the full terms of the new royalty contracts here:
We're really proud of the innovations ACX has pioneered, including our aggressive payment structure and royalty sharing programs—and we are especially proud of the number of ACX audiobooks earning growing royalties. We are committed to continuing our record of innovation and creating and expanding opportunities for more rights holders and producers in 2014—both current users and those new to the service. Furthermore, we want to encourage Rights Holders and Producers to promote their audiobooks with the increased bonus payment from $25 to $50 (or from $12.50 to $25.00 on Royalty Share deals).
On and after March 12, 2014, only the new royalty structure will be in effect for new projects. However until then, the current royalty structure will be honored for any audiobook offers made before that date that are accepted before the offer expires. In other words, any offers made prior to March 12, 2014 that are accepted before the offer expiration date will earn escalating royalties ranging from 50% to 90% (of unit sales of exclusively distributed titles), or 25% to 70% (of unit sales of non-exclusively distributed titles).
Any existing audiobooks will still accrue royalties under the old royalty structure, even after this change takes place. If you have already produced audiobooks using ACX, don’t worry about these changes affecting the royalties you currently receive; they will not change. These payment changes will only affect offers made on or after March 12, 2014. Bounty payments for these titles will change however.
Your offer must be made by 11:59PM ET on March 11, 2014. If the offer is accepted, the old royalty rates will apply. If the offer expires, is rejected, or is terminated at a later date, and the contract is reformed, the new flat royalty rate will apply.
Yes. For audiobooks created under our escalating royalty terms, your audiobooks will earn an additional 1% royalty for every 500 units sold.
When your current terms expire, we will auto-renew you for one-year intervals at the terms of your contract unless either party terminates your contract in writing within 60 days of expiration.
No. You will receive a bounty of $50 each time any of your books, created before or after March 12, 2014, is the first purchase of a new AudibleListener™.