How audiobook narration is priced
Most narrators and producers quote a rate per finished hour (PFH): the length of the final audiobook. The total is simply:
cost = finished hours × rate per finished hour + any separately billed work + extras
Because a finished hour usually takes several hours of recording, editing and proofing to make, PFH rates are much higher than an hourly wage might suggest.
Example budgets
| Finished length | at 150 PFH | at 250 PFH | at 400 PFH |
|---|---|---|---|
| 5 hours | 750 | 1,250 | 2,000 |
| 8 hours | 1,200 | 2,000 | 3,200 |
| 10 hours | 1,500 | 2,500 | 4,000 |
| 15 hours | 2,250 | 3,750 | 6,000 |
These examples show narration only, in any currency, before proofing, editing, extras or contingency.
Flat fee or royalty share?
Paying a flat PFH fee means you keep all of your royalties. Royalty share costs nothing upfront, but the narrator receives part of every sale for the length of the agreement. Model both here by setting the narration rate to zero for royalty share.