Memes

45735 readers

1290 users here now

Rules:

Be civil and nice.
Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago

MODERATORS

[email protected]

1249

I will rue the day this inevitably happens. (lemmy.world)

submitted 10 months ago by [email protected] to c/[email protected]

179 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 8 points 10 months ago* (last edited 10 months ago)

Amazon has an audiobook monopoly and takes 87% cut of audible sales unless the author agrees to exclusively sell through audible. If you agree to exclusively sell through audible, Amazon only takes 79% cut of the sale. Officially they claim to take 75% and 60% cuts (for non-exclusive and exclusive), but they actually pay out considerably less than they promise.

That's what a monopoly abusing it's power to steal from creators looks like. Valve's 30% is literally market standard, and is so much lower than they could get away with.

Sources on how much audible takes per sale: My source, Original source