SAG-AFTRA issued a “Do Not Work” notice against the Oregon-based company in November, asserting it was producing books for various major publishers and paying half or less than half the industry standard rate to narrators. It said the new contract will pay audiobook narrators industry-standard rates ranging from $150 to $240 per completed hour of work.
“The relationship between BeeAudio and SAG-AFTRA began with a series of misunderstandings that have been amicably resolved,” said James Adams, Founder and CEO of BeeAudio. “We are in the middle of a publishing revolution and that clearly involves audiobooks. It’s vital that innovative entrepreneurial companies like BeeAudio and unions like SAG-AFTRA work together to steer a steady course for the benefit of the consumer, business and union members.”