Who would have thought that tapping Russell Brand, a rather controversial comedian-turned-political pundit could make an emerging social media brand a lot bigger in just a month?
Last April, spoken-word audio pioneer Audioboom (LSE:BOOM) was reported to have gained more than 200,000 registered users and 150 new content partners after hiring British actor Russell Brand to be the face of its platform.
This is good news not only to podcast and audio content enthusiasts, but also to book lovers. Audioboom, which is also a distributor for Audible, can now take its advocacy of re-introducing the joy of reading to a higher level. It also helps that Brand, a best-selling author himself, is a wide reader, a virtue he can naturally propagate through his new podcast show on Audioboom.
Surely, it’s no fluke. Audioboom knows the trend, and one of the most effectual ways to rise from oblivion to recognition is by utilising an overused stratagem: hire a critically loved celebrity and reap the rewards in no time. Everyone knows that celebrities are a powerful tool to disseminate an advocacy, promote a brand, or literally encourage consumers to try and do anything, including reading.
According to the Publishers Association, audiobook sales in the UK have increased twofold since 2011. British readers spent £10 million on audiobooks in 2014, which is a 25 percent increase from 2013. Five years ago, only £4 million were spent on the platform, a dismal number that instilled fear on publishers, thinking that it was the beginning of audiobook’s demise.
But PA admits that had it not been for the famous figures who represented an audiobook platform or lent their distinct voices for a specific bestselling book, the audiobook industry would not be as big as it is today.
Among the critically acclaimed audiobooks narrated by A-list celebrities are Emile Zola’s Therese Raquin by Kate Winslet, Joan Didion’s Slouching Towards Bethlehem by Diane Keaton, Graham Greene’s The End of the Affair by Colin Firth, and Jack Kerouac’s On the Road by David Carradine.
The power of celebrity voice has proven its impact when readers of Harper Lee went thrilled over news that Oscar-winning actress Reese Witherspoon took the challenge of giving Lee’s new novel a narrative voice for its audiobook version. Go Set a Watchman, the only book Lee published after the successful To Kill a Mockingbird, is already selling for less than half price on Amazon.co.uk a few months before its official global release in July.
Two weeks ago, subscription reading service Scribd announced that it would finally add 9,000 audiobook titles from Penguin Random House. Smaller players like Oyster and Playster have also tapped giant publishers to get a slice of the increasing non-physical book market.
Amazon-owned social book-cataloguing platform Goodreads said that it will now let registered users listen to free audio samples of its 180,000 titles. The company said that the move is in line with its goal of encouraging e-book readers to discover audiobooks, as well as helping to eliminate the distance between the two reading platforms.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
IoT and LaaS mean stronger growth for LED market
With the advent of the Internet of Things and Lighting-as-a-Service, LED lighting is growing even more popular as it becomes...
Disney continues the quest to buy Fox as Brazilian regulators raise concerns
Brazil is the latest country from which Disney must seek regulatory approval to purchase 21st Century Fox and form New...
Why consumers should care about the launch of 5G
5G has started to roll out, but many consumers are not excited about it given the poor and unreliable cellular...
Self-Directed IRA LLC: How to know it’s right for you
You can use a Self-Directed IRA LLC to diversify your retirement portfolio, especially when you want to invest in assets...
GlaxoSmithKline to acquire Tesaro to strengthen pharmaceuticals business
GlaxoSmithKline is beefing up its pharmaceuticals business with the acquisition of Tesaro for its strength in cancer treatment drugs, and...
Collections5 days ago
Snyder art gallery in Texas showcases creativity at its smallest
Featured4 days ago
Cannabis companies look towards global production as North American pot stocks suffer heavy losses
Crypto3 days ago
Kaleido’s Blockchain-as-a-Service offers enterprise subscriptions
Base Metals4 days ago
Going beyond gold: Companies eye Nevada as base metals center
Crypto3 days ago
Is Bitcoin entering a mining death spiral?
Crypto4 days ago
G20 leaders agree to regulate crypto-assets but no mention of taxation
Entrepreneurship3 days ago
Why website owners should have good page loading speed
Agriculture3 days ago
US agriculture futures surge following news of trade war truce with China