Summary

Original source:
http://www.podcastingnews.com/archives/2005/05/podcasting_thre.html

Details

• Standard & Poor's Equity Research has reitereated a "sell" rating on Audible, saying that "podcasting constitutes a growing threat" to the company.
• Audible is a service that sells digital audiobooks, audio magazines, newspapers, and radio programs via the Web.
• S&P analysts are concerned that podcasts will cut into Audible's business, "particularly its Periodicals and Radio and TV categories."
• S&P notes that many media outlets have begun to offer podcasts, and that there are numerous sources for free content for portable media players.
• Does the radio keep people from buying music?
• Does the library keep people from buying books?
• Does downloading music for free keep people from paying for downloading music?
• No, it helped to show there was a market.
• I for one certainly cancelled my Audible subscription - now that is so much free (and often better) audio content available.
• Aubible is good for long form - but the their magazine business is good as gone.
• - music and talk from around the world to your ears...

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