>Amazon, is to book publishing what Facebook and Google are to magazines Unfortunately, this is a very accurate analogy. I like listening to audio books and Audible is definitely very convenient, but I am 100% sure that in the not so distant future Amazon will completely destroy the whole publishing ecosystem in US and that will have horrendous effect on the quality of what is being written and on the availability of…
I think Audible works though because of the monthly subscription and the fact people get credits a month in exchange for a book. This credit is purchased at a lot lower cost than paying for the book outright. But it's sold on the basis that people will stay subscribed and thus end up with books they wouldn't of otherwise bought as they are looking for something to spend their credit on this month. A different model t…
Why would someone feel pressure to use a credit? A person can have several extra credits at time. The credit system has a lot of advantages for Amazon, but time pressure isn't one of them.