![]() Spotify says it’s at the beginning of its journey to support independent authors, and that it has plans to help authors expand their reach, maximize revenue and build a strong audiobooks business, and notes that today’s news is part of this goal. With this update, Spotify is making its platform more appealing for authors. Authors can find a new audience on Spotify who recently announced that its global monthly active listeners are now 515 million strong.” When your audiobook is sold on Spotify now you receive all of the 50% of the list price you set. Our standard 80/20 pricing will remain the same for all other partners-except Spotify, where we no longer charge a 20% distribution fee. ![]() ![]() “Findaway Voices pricing structure for audiobook distribution is a very simple 80/20 share, where you keep 80% of your royalties. “We’re excited to announce that starting in May, there will be no 20% Findaway Voices distribution fee for audiobook royalties with Spotify,” the company wrote in a blog post. The move sees Spotify courting independent authors to its platform with the allure of higher earnings. The streaming service acquired digital audiobook distributor Findaway back in November 2021.įindaway says the change means that Spotify now offers the highest royalty authors can make when selling their audiobooks with Findaway Voices. Spotify and Findaway announced today that Findaway Voices, an audiobook distributor for independent authors, is eliminating its 20% distribution fee for audiobooks purchased on Spotify.
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