« Mayor Bloomberg: New York subway system is safe |
Main
| A tech must-see for out-of-town visitors »
July 08, 2005
For Time Warner, audio books represent the future
Posted by Dominic Basulto
Time Warner AudioBooks announced an audio download deal with digital media company MediaBay. A number of other leading audio book publishers -- including Simon & Schuster and Random House -- have also signed on with MediaBay to offer audio books via an "online audio storefront."
The numbers behind the audio download industry are interesting, especially as they impact the evolution of the book industry: Audio downloads currently account for almost 4% of the billion-dollar audio book industry. However, this segment could soon represent 30% to 40% of total sales by 2010, according to MediaBay execs.
Comments (0)
+ TrackBacks (0) | Category: Media
- RELATED ENTRIES
- › East Village bar up for sale on eBay
- › Eliot Spitzer takes on the national cinema chains
- › California winemakers to sell wine to New Yorkers via the Internet
- › A blogger could become "Media Person of the Year"
- › A la carte cable TV pricing
- › NYSIA Incubator launch party tonight
- › Why the mathematics of congestion pricing don't work
- › Enjoy the holiday shopping bargains at Century 21 while you can
TrackBack URL:
http://www.corante.com/cgi-bin/mt/external.cgi/31453