Why do audio books cost so much?

Well, the basic reason why audiobooks are so expensive is attributed to their production cost, which is often very high. On an average, the ‘cost per finished hour’ of an audiobook is about $300 to $400. So, even if an audiobook is just 10 hours long, on an average, it would cost about $3000 to $4000 to produce it.

Why do people buy audio books?

The average audiobook users are affluent men, aged between 18 and 34 years old, who listen to at least four audiobooks every 12 months. Their main reasons for doing so include entertainment and brain stimulation. Overall, men, far more than women, listen to audiobooks while working, commuting and running outdoors.

What is the difference between speech to text and audio books?

Basically, an audiobook is literally an audio recording of a book being read aloud, while text-to-speech (TTS) software is an app using technology that speaks aloud digital text such as books, news articles, magazine articles and websites on a computer or mobile device.

Are Audible books cheaper than paperback?

It’s no surprise that an audiobook version of a book title costs much more than its ebook edition. In most cases, it’s also more expensive than a paperback or even hardcover. The usual price of an audiobook edition is between $20 and $30. It’s twice as much as the cost of a Kindle or paperback edition.

Are Audible books more expensive?

Audible usually plugs its £7.99 for one-book-a-month subscription. But if you’re a keen listener, it can pay to opt for a more expensive subscription which’ll give you more credits each month instead. Alternatively, you can choose 12 books a year at £69.99/yr (£5.83 a book).

Do audio books sell well?

Audiobooks will sell well if their associated ebooks or paperback books have an Amazon Best Seller’s Rank (BSR) less than about 50,000. The lower the BSR, the higher the book’s sales proving that the author has a book readers want. The lower the number, the more money your paperback book, ebook, or audiobook will earn.

Where do most people buy audiobooks?

Here are some of the best places to find audiobooks:

• Audible. Audible is one of the most recognizable — if not the most recognizable — of the audiobook providers.
• Audiobooks.com. If you’re looking for a non-Amazon Audible alternative, this one’s for you.
• Apple Books and 4. Google Play Books.
• OverDrive.
• Hoopla.
• Libro.fm.

Are audiobooks read by real people?

Audiobooks are usually read aloud by actors. Because a person reads the text, audiobook readings tend to include things like: Changes in tone and emotion. Pauses in the reading at natural places, like at the end of sentences.

Are audio books assistive technology?

Text-to-speech and audiobooks are two examples of reading technology. These assistive technology tools can be used on computers, smartphones, and other devices.

Why are audio books more expensive than ebooks?

The Cost of an Audiobook Is Related to the Cost of Production. Just as hardcover books can range in length, audiobooks can range in length as well as production scale. The average cost per finished hour of production is around $300 to $400. But that’s just the base for production costs.

Why are audiobooks becoming so popular?

The Rising Popularity Of Audiobooks Highlights The Industry’s Backwards Pay Scale. Retailers are increasingly getting into the audiobook market: Google Play is selling audiobooks, and Kobo is even a major hidden player in the audiobook industry. Apple iTunes is the second largest seller of audiobooks, and after parting ways with Audible,…

Which retailers are getting into the audiobook market?

Retailers are increasingly getting into the audiobook market: Google Play is selling audiobooks, and Kobo is even a major hidden player in the audiobook industry.

What are the pros and cons of audiobooks?

One of the benefits of audiobooks is that you can listen to them while doing something else. One of the drawbacks is you are not fully immersed in the story as you are when reading. Audiobooks offer the opportunity to multitask while listening, which is not always a good thing. Audiobooks have also helped me sleep.

Are audiobooks on Scribd up 20\% year over year?

This rise isn’t unique to Scribd: Audiobooks are also up about 20\% year over year across the publishing industry for the first eight months of 2017, according to the Association of American Publishers’ data reports from 1,200 publishers. In the same time period, print books rose just 1.5\%, and e-books dropped by 5.4\%.