Monday News: Amazon is the ruler of audibooks; iOS7 will likely see an influx of renewal app fees; Authors Guild makes another misstep
Iconfactory (makes of Twitterific, among others) have already signaled that there will be a new charge for the iOS7 version of their apps:
At the Iconfactory, we typically offer new paid version of our apps (xScope, Twitterrific) about every 18 months with many free upgrades in between. Though there are always users who will complain about having to pay for all-new versions, the vast majority know that in order for an app to survive and flourish, they occasionally have to do their part and support its development. Hopefully the upcoming wave of apps updated for iOS 7, both free and paid, will help people fall in love with their apps all over again.iMore
“Within the app, users can adjust a bar to select how much time you have to read, and the app pulls up articles that can be read in that amount of time.”paidContent
AG then makes an explicit reference to Aaron Swartz who many believe was unfairly persecuted for his actions in regards to the JSTOR documents, casting the recently deceased young man who killed himself, as the villain in the AG’s documents.MediaPost
“At the last tally (now more than a year old), more than 60 percent of audiobooks were downloaded to digital devices, and nearly all of those came from Audible (an Amazon company) or through its long-standing license to supply audiobooks to Apple’s iTunes. Amazon also owns Brilliance audio, the biggest producer of CD-based audiobooks. Audiobooks are now well over a billion-dollar business, and the available figures suggest that Amazon retains a far larger piece of that revenue than any other retailer.”
Amazon acquired Audible only five years ago and offers a lowly $1,000 advance against royalties for audio versions. Bestselling authors like Hugh Howey and Bella Andre tout the advantages of ACX, the audio version of Kindle Direct Publishing. Royalties for these “self published” audio titles are enough, per Howey, to live off of.
Audiobooks, just another billionaire dollar business Amazon has built a stranglehold over.The Atlantic