The company was bought by Amazon in 2008, three years before ACX was founded to give authors a way to publish their books in audio form. Introducing ACXĪudiobook giant Audible founded ACX ( Audiobook Creation Exchange) in 2011. So if you're considering launching an audiobook, it's a good way to add a revenue stream from a book you've already written (or one you will write).īut, there are many things to consider before jumping into this world. However, even before the pandemic, the global audiobook market was seeing steady growth percentages in the double digits. Of course, the COVID-19 pandemic has surely influenced audiobook sales, just as it has influenced eBook and print book sales. Predictions expect this market to grow to over $13 billion by 2027, a compound annual growth rate of just over 22%. The market numbers reflect this.Īccording to reports, the global audiobook market in 2019 was valued at $2.67 billion. When people say that audiobooks are growing in popularity, they're absolutely right. First, let's talk about market growth, then I'll introduce you to Findaway Voices and ACX. If you're not familiar with the world of audiobook creation, then this section is for you.
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