How have audio downloads affected the publishing industry?

How have audio downloads affected the publishing industry?

Derek Johns (Managing Director - AP Watt Literary Agency) gives expert video advice on: What's the next 'big thing' in publishing?; Is it a good idea to post my writing online?; What do you predict for the publishing industry in the next couple of years? and more...

One of the most interesting developments recently has been audio downloads to iPods and to MP3 players and so on. The audio book market has always been a very small one but it has tremendous potential, and downloads are going to revolutionize the audio market and grow it considerably.