This adjustment does not impact our customers’ current benefits of membership, and we look forward to continuing to welcome millions of first-time listeners, enabling our members to discover new content they enjoy and growing the audience for our valued creative partners. However, in recognition of these concerns, moving forward and effective as of January 1, 2021, Audible will pay royalties for any title returned more than 7 days following purchase. We hope this helps convey perspective to our valued writers and ACX partners as to the impact of our current returns policies. But as designed, this customer benefit allows active Audible members in good standing to take a chance on new content, and suspicious activity is extremely rare. In instances where we determine the benefit is being overused, Audible can and does limit the number of exchanges and refunds allowed by a member. The intent of this program is to allow listeners to discover their favorite voice, author, or story in audio. For instance, Audible’s ACX (Audiobook Creation Exchange) connects authors and narrators for free. For more information about becoming a member, please visit the SAG-AFTRA website. Free programs, including ACX University and the Promo Code tool, seek to level the playing field and further expand opportunity for authors, narrators, rights holders and producers alike.Īs you know, we’ve been working to address some ACX authors’ concerns about Audible’s overall exchange policy, and we appreciate your feedback. Our experience at Audible is that SAG-AFTRA audiobook narrators are highly talented and skilled professionals who have an intricate knowledge of the audiobook business, are easy to work with, and are able to deliver a quality book in a timely and efficient manner. ACX.com connects and educates independent authors and rising actors-many of whom are among 20,000 professional actors who have worked with Audible in the past 5 years-in the art of audiobook performance and creation, and provides title-promotion tools and methods to drive sales and audiobook awareness, allowing our creative stakeholders to reach new audiences on Audible and beyond. The ACX online rights marketplace and production engine is available to all authors, publishers, literary agents, narrators and studio pros in the US, UK, Canada, and Ireland. Launched in 2011, the Audiobook Creation Exchange has paved the way for exponential growth in audiobook production and consumption, today supplying over 200 audiobooks in store per day to Audible, Amazon, and iTunes.
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