ACX,s offering to rights holders to obtain an audio book on a royalty agreement only is a sucker's play for a producer. It gives the rights holder a FREE audio book while the producer (me) put in over 80 hours of production for a 10 hour finished audio book. Two months later I've made $12 for my huge effort. That's pathetic. Royalty payment only should be illegal. Any rights holder should HAVE to pay for the production. ACX is brokering a deal which hugely favours the rights holder and abuses the producer. Producers make little money off a royalty only agreement. Lucky if you sell 10 copies. Yet, the rights holder runs away with something for nothing. NEVER, EVER agree to a royalty only payment option. You'll get next to nothing for it. ACX should be ashamed of their ill consideration for producer's. They should post a stern warning to producer's that accepting a royalty only payment could result in very little monetary return. I'll NEVER do another book unless I get a minimum of $200 per finished hour. It's actually worth more than that but it seems many right's holders are looking for a FREE ticket to obtain an extra selling tool for NOTHING. How fair is that? NOT. It's sickening. Having fallen for this scam, I feel used, abused, disrespected, taken advantage of and CHEATED. And what has the rights holder for this professional service done? He thanked me. Wow!! Two weeks of intense work by me and the rights' holder walks away like a thief. I'm never going to live this one down.
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Audiobook Creation Exchange ACX.com is the first online platform that connects rights holders with established producers to enable any professionally published book to become an audiobook.
