Ever wondered about the nitty-gritty of audiobook production? Stumbled upon the odd term ‘Per Finished Hour’ (PFH) and left scratching your head? Keep calm and read on because you’ve hit the jackpot! We’ll demystify this jargon and tell you all you need to know about PFH rates. Fasten your seat belts and join us on this enlightening journey!
At a Glance: What is Per Finished Hour?
Simply put, the term ‘Per Finished Hour’ refers to the rates charged for the total running time of completed (finalized) audio content, and not the actual amount of time spent in its creation. To break it down further, even if a narrator spends 8 hours on a project that ultimately results in a 1-hour finished audiobook, the PFH rate would only apply to that one finished hour.
The Factors Influencing PFH Rates
Multiple facets come into play that eventually dictate PFH rates. Let’s dive in.
- Experience: Narrators with a proven track record often command higher rates.
- Quality: First-class production aesthetics relating to sound, pitch, rhythm, and pace invariably warrant a better quote.
- Complexity: Audiobooks with multiple characters or requiring different accents could result in a steeper PFH rate.
- Length of the project: Longer projects might see a discount in rates, while shorter ones could be priced higher.
PFH Rates: How Much is ‘Much’?
While it may seem like pulling a rabbit out of a hat, the ballpark range for PFH rates substantially varies, from as low as $50 to a whopping $400 or even more. It’s a broad avenue to tread on, but it’s crucial to balance aspects like the budget, desired quality, and narrator experience while setting or accepting PFH rates.
Are There Other Payment Models?
You bet! Besides PFH, there is another model known as Royalty Share where the narrator receives a percentage of the audiobook’s actual sale. This method can be a hit or a miss depending on how well the audiobook performs on the market.
Is There a Better Model?
Is an apple better than an orange? Just like the fruit conundrum, the ‘better’ model hinges on individual preferences, circumstances, and outlook.
FAQs: Per Finished Hour Rates Demystified
1. Are PFH Rates Negotiable?
Absolutely! Like many businesses, these rates are often a starting point for negotiation.
2. Is It Better to Have a Lower PFH Rate for My Long Audiobook?
It could be, depending on factors like your budget and the level of quality you’re seeking.
5. How Do I Ensure I’m Getting a Fair PFH Rate?
Research, research, research! Look into factors like the standard rates for similar projects and the experience of the narrator. When in doubt, consulting audiobook production experts can also be beneficial.
Have We Decoded the PFH Enigma for You?
In the end, understanding PFH isn’t rocket science. It’s just about appreciating the effort and quality that go into each completed hour of audio production. So the next time this phrase pops up, we hope you feel more like an insider than an inquirer. Here’s to your next audiobook project!