Thanks for the info. I'm an Audible.com "Basic Listener" and have been for about three years. The more competition and alternatives that give consumers choice, the better. Applying the Netflix model sounds like a good alternative as well as a good business model. Going head to head with Audible.com using a download distribution model would have been very difficult. The major downside and risk I see is that Netflix could decide to expand their services and offer audiobooks.
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