Conduit Venture Labs’ Post

The latest read in the Inspired Selection Library, all about the #audio landscape in #publishing today... what for you are the main benefits of an audio book?

Audiobook distribution strategy in 2024 + why M4B is ideal for direct sales - Learn how to earn 97% royalties on your audiobook sales and why the .M4B format is ideal for direct distribution.

To continue our Audiobook Appreciation Month celebrations, we’re spotlighting the amazing audio publishing work of our customers, and how #BiblioSuite helped them effortlessly integrate audio within their existing workflows… 🎧 SNR Audio are the latest publishers to leverage BiblioSuite for efficient storage and sharing of metadata and audio files with third parties such as Audible, ZEBRALUTION and Findaway, strengthening their distributor partnerships. 🎧 Storytel uses BiblioSuite to track multi-currency advances and deductions, perform joint accounting, ingest sales reports from multiple distributors, and create unlimited rules to track earnings, enabling them to make more informed decisions across their products’ lifecycles. 🎧 Verlagsgruppe Oetinger chose BiblioSuite to manage its audio and video files, unlocking auto-conversion and enhanced viewing and reporting capabilities, as well as the ability to extract and centrally store metadata such as audio format, bitrate, and duration. 🎧 Podium Entertainment selected BiblioSuite to calculate complex royalties for different sales methods, such as audiobook subscriptions, and automatically collate sales data via full integration with third parties including Audible. 🎧 Sounds True configured their rights workflows to increase revenue and strengthen negotiations with authors and agents, as well as gain superior clarity on the status of their publishing projects, both traditional and non-traditional. Want to find out more? Read our case studies in full to discover how BiblioSuite can amplify your operations: https://buff.ly/4e6LCAa #AudiobookAppreciationMonth #AudioBooks #AudioPublishing

Our Bookwire Brazil MD Marcelo Gioia shares his views on innovation in the digital reading space where audio has huge untapped potential and discovery remains one of the key issues #audiobooks #ebooks #growth #bookwire

AI-narration is not here to replace all audiobook narrators. But to offer another more economic options to those who which to have their books "heard". Ultimately, to have their story told to more people. Audiobook is just another method for knowledge and stories to be shared. https://lnkd.in/gDB2E32E

Read here for our key insights and takeaways on audio following #LBF24!

And how are those books going to be curated?

Beat Technology has partnered with EDRK (Estonian Digital Book Centre), the Tallinn-based digital content aggregator, publisher, distributor for Estonia, Lithuania and Latvia. The cooperation will see Beat design, build and power services across a range of EDRK’s partners in Baltics. The companies under EDRK’s umbrella include Alma Littera and Pegasas - the largest publisher and book retailer respectably in Lithuania; Rahva Raamat Estonia’s largest book retailer and Maurus, one of Estonia’s largest educational content provider. The cooperation will see Beat Technology’s tech stack - offering of ebook, audiobook and podcast white-label apps and retail solutions - combine with EDRK’s businesses and digital distribution infrastructure. The first iteration of this new partnership will appear in May. “In recent years the investment in the technology, literature and reading space in the Baltic region by EDRK and their backers has been hugely impressive,” says Nathan Hull, Chief Strategy Officer at Beat Technology. “We are extremely excited to bring our platform and experience to the table and work with a technologically smart and business-savvy team at EDRK with its portfolio across Estonia, Lithuania and Latvia.” “Consumers in Estonia are amongst the most digitally literate in Europe and there are high expectations in terms of digital content services,” says Ain Lausmaa Lausma, EDRK CEO. "In Beat we have a first class partner who is highly experienced internationally at delivering the platforms we require. We can now give our existing brands and books the digital experience they’ve always deserved. Estonians, Lithuanians and Latvians will be able to read and listen on market-leading platforms.” EDRK - Digital Content Aggragation and Sales, based in Tallinn, Estonia. EDRK has been the leader in helping the Publishers and Retailers in Estonia in Digital Publishing since 2009. They represent 9000 ebooks, 1000 audiobooks, 350 publishers in Estonia. #audiobooks #ebooks #digitalpublishing

Ready to turn your passion for storytelling into profit? Amazon offers authors and publishers a golden opportunity to monetize their audiobook creations like never before. 📈 Favorable Royalty Rates: Amazon provides competitive royalty rates for audiobook sales, ensuring that creators earn a fair share of their hard work's rewards. 🌎 Global Reach: With Amazon's expansive reach, your audiobook can reach listeners worldwide, opening doors to diverse audiences and maximizing your earning potential. 💼 Diversify Your Income: Monetizing your audiobooks on Amazon allows you to diversify your income streams, providing a steady flow of revenue alongside your other publishing endeavors. 📈 Scale Your Success: As your audiobook gains traction and popularity on Amazon, your earnings have the potential to grow exponentially, offering long-term financial stability and growth opportunities. 🚀 Seize the Opportunity: Don't let this chance slip away! Take advantage of Amazon's platform to monetize your audiobook creations and unlock a world of possibilities for financial success. Ready to embark on your journey to audiobook monetization? Start leveraging Amazon today and watch your income soar! 💸🎉 #Audiobooks #Monetization #Amazon #PublishingOpportunity ~Team ERA

We have fantastic news for all you audiobook enthusiasts - you can now access xigxag on Learnerbly! 🎧 Allow us to introduce xigxag, a proud independent business with a refreshing alternative to the big tech giants. They free consumers from the monthly subscription grind, promote collaboration and sharing, and put listeners at the heart of everything they do. 😍 xigxag offers: 📚 Thousands of Top Titles: Access your favourite authors and narrators, from bestsellers to classics, with new releases added weekly. 📲 Cool New Features: xigxag's audiobook app boasts unparalleled social and sharing features. Share memorable quotes, recommend books, or even send literary gifts directly from the app. 🙅♀️ No Commitments: Say goodbye to monthly subscription pressure. With xigxag, you only pay when you're ready to listen – it's your choice, your terms. But here's the real game-changer – xigxag is a Certified B Corp™! Their commitment to sustainability is remarkable: 🌱 Their books leave a minuscule carbon footprint, just 0.21% of that of paperbacks. 🌱 No trees are harmed in their production process. 🌱 None of their books end up in landfills. Want to give your employees access to xigxag's extensive digital catalogue and over 200 other carefully curated resources? Reach out to us now to learn more! 😎 #Sustainable #Audiobooks