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Toshiba entices customers with free audio book

It's a marriage between audio books and cable modems, and Toshiba America Information Systems and Audible Inc. believe it will be a match made in broadband heaven.

Toshiba's Network Products Division has struck an agreement with Audible Inc., a provider of downloadable, spoken audio, to co-market their products. Specifically, Toshiba will offer free audiobook downloads with the purchase of one of its cable broadband products.

Toshiba will market Audible's services on retail packaging for its PCX line of DOCSIS cable broadband products. The plan is for the specially marked modems to begin shipping with the spoken audio offer by late 2002.

The companies believe their joint efforts will produce a spike in customers. Audible's service requires a high-speed connection for downloading. "Audible's high growth rates benefit immensely from consumers who can access our 34,000 hours of premium content via broadband cable access. We believe this deal will sell more Toshiba cable broadband products and attract new Audible customers," said Foy Sperring, Audible Inc.'s senior vice president of Strategic Alliances.

In the first quarter of 2002, Toshiba shipped 430,000 units, which represents 29.3 percent of the market.

 


Published by Reed Business Information © Copyright 2002. All rights reserved.