iambik.com went live. They sell audiobooks. For five dollars. The first wave of offerings includes me, Lydia Millet, Gordon Lish, and the ridiculously brilliant Lynne Tillman.
From the site: "Iambik makes audio of books we love. Iambik is a bit different from traditional audiobook publishers, though. We partner with print publishers and authors, and work with a collective of skilled independent audiobook makers around the world. We record new books and old ones, great books that have been overlooked by traditional audio publishers. We work almost exclusively on a revenue-share basis, with narrators, publishers/authors, and iambik all sharing in successful audiobooks. Our prices are low. We don’t have any digital rights management (DRM)."
Doesn't this just make you want to weep with gratitude? This seems to me a superb business model for literary fiction, and if you agree, head on over there and buy some stuff. Like, you know, for instance Castle.