Friday, July 25, 2008

I'm Shocked . . . Just Shocked

Thursday's The had an article in which audiobook publishers are complaining about the unfavorable terms being demanded of them by
Certain publishers have argued that they accepted the high initial discounts Audible demanded as covering costs during the early stages of Audible's existence, and while the proportion of revenue from downloads was relatively small. But, as the medium grows in popularity, firms are increasingly calling for the business to rethink its remuneration structure.
In January, Amazon announced it was buying

Looks like it didn't take long for Audible to buy into the Amazon philosophy of doing business with its publishing partners.

Read the whole story here.

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