PRH Exits International Unlimited Subscriptions, Fueling Speculation - Publishing Perspectives

Today, Panzer decided to make a trip to the Publishing Perspectives site. With no digging at all our inquisitive kitty boy found a post about Penguin Random House's audio books.

According to the post by Porter Anderson, Penguin Random House (PRH) has removed all their audio books from the international unlimited access subscription services. This removal has led to speculation about PRH's motives and plans for the company's  audio books. One rumor circulating concerns PRH starting their own audio subscription/sales service for their audio books. The post delves into other aspects of the audio book market, such as subscription numbers, the revenue from those subscriptions and the number of audio books.

Interesting.

Panzer says, "If PRH started their own audio book subscription site, they'd be in direct competition with Amazon's Audible ... And ... PRH is part of that lawsuit against Audible's Captions."

Note: This is a h-u-m-o-n-g-o-u-s post. Bring a quart of tea and six muffins for today's reading selection. If you plan to follow the links in the post, bring another gallon of tea, a dozen muffins and a sleeping bag for a nap in the middle of your reading.

To read the post tootle over to Penguin Random House