Our authors find it fun to hear their work read, and our listeners have fun hearing it. Fun turns out to be a great business model.
Atlanta, GA (PRWEB) February 13, 2006
Escape Pod, the science fiction podcast magazine, is raising its rates for authors. Formerly a market that paid $20 for short stories up to 7,500 words and $10 for flash fiction, the magazine recently announced that the rates were going up to $50 for short stories and $20 for flash fiction.
“We distribute our audio for free, so it's listener support that pays our authors,” said editor Steve Eley. “Our listeners have responded very generously, giving us even more than we needed. It's only right that we should put that money back into stories, to acquire and deliver better and better work.”
Escape Pod was the first (and as of February 2006, still the only) paying market for podcast fiction. The magazine is supported 100% by listener donations. In a world where podcasting is new and most podcasters make no money at all, Escape Pod has been in the black since its first month.
“I had no idea that we could do so well so quickly,” said Eley. “Our authors find it fun to hear their work read, and our listeners have fun hearing it. Fun turns out to be a great business model.”
The magazine has enjoyed a large jump in listeners in the early part of 2006 due to attention from iTunes® and National Public Radio. The popular music store and podcast distributor from Apple placed Escape Pod on the front page of its podcast area in the last week of January 2006, nearly doubling the listener base in a week. The magazine was also featured on NPR’s show “Day to Day” in a feature on audio fiction.
About Escape Pod
Escape Pod is a science fiction magazine in podcast form, the only paying market of its kind. It was launched in May 2005 by Steve Eley as an attempt to bring short fiction into the new medium of podcasting. It has several thousand listeners and has featured stories by Stephanie Burgess, Cory Doctorow and Tim Pratt. The magazine can be found at http://www.escapepod.org.
Podcasting is the act of syndicating audio programs over the Internet, allowing listeners to subscribe to them. It began in August 2004 with a few hundred listeners, and now there are over 5 million podcast listeners worldwide. For more information on podcasting, please visit http://www.escapepod.org/podcasting.
February 2006 is Podcast Month at PRWeb. This press release distributed by PRWeb, the Online Visibility Company.
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